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Spot Bitcoin ETFs have traded for almost three years. Over that period, it's estimated that the average Bitcoin cost basis for investors is $77,000. Given the current price of…

Peter Schiff
Published: 2026-11-13 16:51 UTC
Collected: 2026-11-13 17:56 UTC
Original language: Not supplied by source

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Spot Bitcoin ETFs have traded for almost three years. Over that period, it's estimated that the average Bitcoin cost basis for investors is $77,000. Given the current price of $68,500, that's an 11% l…

Spot Bitcoin ETFs have traded for almost three years. Over that period, it's estimated that the average Bitcoin cost basis for investors is $77,000. Given the current price of $68,500, that's an 11% loss. What happens when fed up investors decide to cut their losses and move on?

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Peter Schiff · Published 2026-11-13 21:03 UTC

CNBC reports Bitcoin and gold falling in the same sentence to create the false impression that they're similar assets falling for the same reason. Gold is falling because traders…

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Peter Schiff · Published 2026-11-13 19:31 UTC

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Peter Schiff · Published 2026-11-13 18:37 UTC

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