Peter Schiff: It would be a major policy mistake for the Federal Reserve to cut interest rates while inflation is rising; BTC has not only failed to break through but also shows signs of peaking

ChainCatcher news, economist and cryptocurrency critic Peter Schiff tweeted, "The Federal Reserve may be about to make a major policy mistake------cutting interest rates while inflation is rising. Gold and silver have broken out to the upside, with mining stocks leading the way, confirming the trend. However, Bitcoin has not only failed to break out but is showing signs of a top, and investors may need to reassess their holding strategies."