Peter Schiff: Bitcoin has dropped 32% from its August peak when priced in gold
ChainCatcher reported that economist and cryptocurrency critic Peter Schiff stated on social media that gold is "eating bitcoin's lunch," with bitcoin priced in gold having dropped 32% from its August peak. He believes this bitcoin bear market will be extremely brutal. He advises holders to sell bitcoin and buy gold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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