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Peter Schiff: Bitcoin has fallen 32% from its August high when priced in gold

2025-10-17 00:15:49

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ChainCatcher news, economist and cryptocurrency critic Peter Schiff posted on social media that gold is eating into Bitcoin's "lunch," with Bitcoin down 32% from its August high when priced in gold. This round of the Bitcoin bear market will be very brutal. He advises holders to sell their Bitcoin and buy gold.

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BTC gold bear market

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