Peter Schiff Says Bitcoin Is in ‘Stealth Bear Market’ When Priced in Gold
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- Bitcoin vs gold debate reemerged after Schiff said BTC is in a stealth bear market.
- Is Bitcoin inferior to gold? Schiff cites a 22% decline in BTC/gold ratio.
- Bitcoin gold correlation slips as supporters cite BTC’s long-term outperformance.
Economist and gold advocate Peter Schiff renewed his criticism of Bitcoin, this time arguing the cryptocurrency has been in a “stealth bear market” when measured in gold.
Schiff, in a post on X, pointed out that, when measured in gold, Bitcoin is down 22% from its August 2025 high and 20% from its November 2021 peak.
His reasoning was one Bitcoin today, at about $109,702, equals roughly 29 ounces of gold at spot prices near $3,773 per ounce. At Bitcoin’s August 14 peak of $124,128, that ratio was almost 37 ounces, and in November 2021 it stood at 35.6 ounces.
For Schiff, this falling ratio shows why Bitcoin is inf…
Read The Full Article Peter Schiff Says Bitcoin Is in ‘Stealth Bear Market’ When Priced in Gold On Coin Edition.
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$ 84.49K
-3.81%
$ 0.827
+0.17%
$ 0.015
-5.83%
$ 0.00384
$ 1.15
Funds
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Coins
$ 84.49K
-3.81%$ 0.827
+0.17%$ 0.015
-5.83%$ 0.00384
$ 1.15
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Peter Schiff Says Bitcoin Is in ‘Stealth Bear Market’ When Priced in Gold
Share:
- Bitcoin vs gold debate reemerged after Schiff said BTC is in a stealth bear market.
- Is Bitcoin inferior to gold? Schiff cites a 22% decline in BTC/gold ratio.
- Bitcoin gold correlation slips as supporters cite BTC’s long-term outperformance.
Economist and gold advocate Peter Schiff renewed his criticism of Bitcoin, this time arguing the cryptocurrency has been in a “stealth bear market” when measured in gold.
Schiff, in a post on X, pointed out that, when measured in gold, Bitcoin is down 22% from its August 2025 high and 20% from its November 2021 peak.
His reasoning was one Bitcoin today, at about $109,702, equals roughly 29 ounces of gold at spot prices near $3,773 per ounce. At Bitcoin’s August 14 peak of $124,128, that ratio was almost 37 ounces, and in November 2021 it stood at 35.6 ounces.
For Schiff, this falling ratio shows why Bitcoin is inf…
Read The Full Article Peter Schiff Says Bitcoin Is in ‘Stealth Bear Market’ When Priced in Gold On Coin Edition.
In This News
Coins
$ 84.49K
-3.81%$ 0.827
+0.17%$ 0.015
-5.83%$ 0.00384
$ 1.15
Funds
Share:
In This News
Coins
$ 84.49K
-3.81%$ 0.827
+0.17%$ 0.015
-5.83%$ 0.00384
$ 1.15
Funds
Share:
Read More
Bitcoin price surge shatters records as BTC soars past $85,000 milestone