Peter Schiff, CEO of Euro Pacific Capital and a loyal supporter of gold, tweeted that Bitcoin is hitting a new high, and its dominance in the total market value of the crypto market has risen to 69.3% (a maximum of 70%). Since March 2017, Bitcoin's market value has not exceeded 70%. As regulators locked their targets on altcoins, speculators began to use Bitcoin as a cover. Soon, Bitcoin will also become the target of regulators.