Summary
- Peter Schiff claimed that Bitcoin is a risk asset and not digital gold.
- Schiff pointed out that while the price of gold rose by 1%, Bitcoin fell by 1%.
- Currently, Bitcoin is trading at $94,120, down 1.75% from the previous day.
Cryptocurrency skeptic Peter Schiff has once again voiced his criticism of Bitcoin (BTC).
On the 5th (local time), Peter Schiff stated on his X (formerly Twitter), "Tonight, while U.S. stock futures and the dollar are both declining, gold is up 1%, whereas Bitcoin is down 1%," adding, "Bitcoin is a risk asset. Bitcoin is not digital gold."
Meanwhile, as of 1:04 PM on the 5th (Korean time), Bitcoin is trading at $94,120, down 1.75% from the previous day according to CoinMarketCap.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
