Can Bitcoin Price Follow Gold? Fed Chair Investigation Behind Gold's Rise, Peter Schiff Claims
Yahoo Finance·2026-01-12 18:29
The DOJ investigation has contributed to gold’s record levels, says Peter Schiff. What impact will it have on Bitcoin? Key Takeaways Federal Reserve Chair Jerome Powell revealed the Justice Department had issued grand jury subpoenas. Peter Schiff attributed the recent surge in gold to safe-haven demand triggered by the investigation. The move has raised questions over the future impact on Bitcoin’s price, as analysts warn of bearish indicators. Gold climbed to record levels after Federal Reserve ...