Bitcoin vs Gold: Schiff Predicts Crash as Gold Hits New High

Peter Schiff has once again voiced his criticism of Bitcoin’s performance, predicting a potential crash based on its recent decline against gold. While gold prices surged to new highs, fueled by geopolitical tensions and declining interest rates, Schiff argues that this dip in Bitcoin reflects an underlying failure of the cryptocurrency as a viable alternative to the U.S. dollar or digital gold. His comments have sparked debate within the crypto community, with some defending Bitcoin’s independent value while others remain cautious about short-term fluctuations.