Economist Peter Schiff: Bitcoin is not digital gold "

Crypto 7x24

2025-05-05 12:22:18

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Internet reports that gold advocate and economist Peter Schiff wrote on X that "U.S. stock index futures and the U.S. dollar both suffered a sell-off. But gold and Bitcoin once again showed diametrically opposed trends. Gold behaved like a safe-haven asset, rising about 1%. Bitcoin traded like a risky asset, falling about 2%. Obviously, Bitcoin is not digital gold."

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