[Peter Schiff Responds to Tom Lee: The Recent Lack of Bitcoin's Rise Cannot Be Simply Attributed to the Federal Reserve] According to a report by Jinse Finance, in response to Tom Lee's earlier statement that the Federal Reserve's two-month pause in rate hikes was the reason Bitcoin failed to rise during this period, economist Peter Schiff posted on the X platform, stating that Bitcoin did not follow gold's trajectory. Gold prices rose by 10% and hit a historic high of $3,650 ahead of the Federal Reserve's anticipated rate cuts. Therefore, Tom Lee cannot simply attribute Bitcoin's recent lack of growth to the Federal Reserve. Similarly, Tom Lee's belief that Bitcoin could easily rise to $200,000 if the Federal Reserve cuts rates is overly simplistic, as there is also the possibility of Bitcoin falling below $100,000.