'This Bitcoin Bear Market Will Be Brutal', Peter Schiff Claims As Gold Hits $4,290
Yahoo Finance·2025-10-18 02:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin (CRYPTO: BTC) critic Peter Schiff is sounding the alarm on the cryptocurrency's recent underperformance against gold. What Happened: In an X post on Thursday, Schiff noted that Bitcoin has fallen 32% against gold since its August peak, arguing that a "brutal" bear market for Bitcoin is imminent. He urged holders to sell BTC for gold to avoid further losses. Trending: Amazon and NVIDIA Partnered With ...