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Peter Schiff Criticizes Bitcoin’s Performance Following Gold’s Rally to New All-Time High
Gold has surged to a new record high, while Bitcoin has shown weakness against it, drawing fresh criticism from gold advocate Peter Schiff. Schiff pointed out that Bitcoin has dropped in value when measured in gold, raising questions about its reliability as a store of value. At the same time, analysts have warned that Bitcoin could face more pressure if the broader market declines. Gold Hits Record High While Bitcoin Falls in Gold Terms: Gold has reached a new all-time high of $3,586, gaining over 36% since January 2025. The price has risen steadily over the past year, with a 42% increase in twelve months and 85% ... (full story)