Citing Coinotag, Peter Schiff recently admitted underestimating the fear of missing out (FOMO) driving Bitcoin adoption, calling it his biggest mistake. Despite his long-standing criticism, Bitcoin has surged over 23 times since 2018 predictions, reaching highs above $120,000 amid growing global and institutional interest. Chainalysis data shows the Asia-Pacific (APAC) region led in 2025 with a 69% year-over-year increase in on-chain value, reaching $2.36 trillion. Bitcoin’s market capitalization now exceeds $1.8 trillion, with institutional adoption rising, including $58 billion in inflows from spot Bitcoin ETFs since 2024.
Peter Schiff Admits Underestimating Bitcoin FOMO Amid 23x Price Surge and Global Adoption Growth
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