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Peter Schiff: Bitcoin has dropped 32% from its August peak when priced in gold
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ChainCatcher reported that economist and cryptocurrency critic Peter Schiff stated on social media that gold is "eating bitcoin's lunch," with bitcoin priced in gold having dropped 32% from its August peak. He believes this bitcoin bear market will be extremely brutal. He advises holders to sell bitcoin and buy gold.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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