Peter Schiff Challenges Bitcoin’s Safe Haven Claim Amid Market Volatility

Economist Peter Schiff criticizes Bitcoin’s status as a safe haven asset during economic turmoil, highlighting its price volatility versus gold’s consistent performance. Gold has seen increased institutional investment and market stability while Bitcoin faces decline in holdings amid recent economic uncertainty. 2025’s financial crisis further challenges Bitcoin’s ability to act as a stable asset, according to Schiff’s analysis. The economist argues that traditional safe havens like gold have proven more dependable than Bitcoin during crises.