Bitcoin Nemesis Peter Schiff Says the Cryptocurrency Is Already in \'Bear Market Territory\'

This comes after the leading cryptocurrency by market cap plunged to $58,456 on June 24, reaching its **lowest** level since May 2.

**Bitcoin** dropped to its lowest level in nearly two **months** on Monday, June 27, and is now more than 20% below its record **high**. The **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price plunged over 20% from record **high**: Schiff says ‘bear is still young’ The price of **Bitcoin** dropped **sharply** on Monday, June 27, and is now more than 20% below its record **high**. This comes after the leading cryptocurrency by market cap plunged to **$58,456 on June 24, reaching its lowest level since May 2. The largest cryptocurrency is already in "bear market territory," Bitcoin nemesis Peter Schiff stated on the X social media network. The price of BTC dropped to a low of $**58,456 on June 24, marking the lowest level since early May. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433. **Bitcoin** price dropped to its lowest level since May on Monday, June 27, and is now more than 20% below its record **high**. The price of the **largest** cryptocurrency fell to **$58,456 on June 24, according to CoinDesk data. This marks the lowest level since May 2, when the price dropped to $**57,433.

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