Peter Schiff: If Bitcoin fails to keep up with gold's gains, it will weaken its position as digital gold and ultimately crash

Jan 19, 2026 10:16:36

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Gold advocate and economist Peter Schiff stated on the X platform that everyone expects Bitcoin to follow gold and soar to new highs. However, the market has given speculators too much time to buy in. The more likely scenario is that Bitcoin fails to keep up with gold's gains, which will undermine its status as "digital gold" and ultimately lead to a crash.

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