Economist: The Fed’s interest rate cut at a time of rising inflation may be a major mistake, and BTC did not achieve a breakthrough as expected

Economist Peter Schiff, writing on the X platform, stated that the Federal Reserve's impending interest rate cut amid rising inflation could be a major policy mistake. Gold and silver prices have already exploded, with mining stocks leading the rally. However, Bitcoin has failed to break out as expected and is instead trading sideways at a high level. For Bitcoin holders, it may be time to change course.