Peter Schiff: Bitcoin’s Crash Against Gold Reveals the True Nature of the “Digital Gold” Scam
ChainCatcher News, economist Peter Schiff posted on X stating that the price of bitcoin has fallen below $90,000, a 28.5% drop from its all-time high, while the bitcoin price denominated in gold has dropped about 40% as gold remains above $4,000. He claimed that this relative decline exposes the fraudulent nature of the "digital gold" narrative and believes that investors involved will sell off.
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