Peter Schiff: If gold rises to $5000, it may pull the BTC price down to $10,000
ChainCatcher message, the cryptocurrency-unfriendly economist Peter Schiff posted on the X platform that the price of gold has once again reached a historic high, exceeding $3,080 per ounce. Meanwhile, millions of young Americans are letting this "high-speed train" pass them by, turning their attention to Bitcoin. If the price of gold reaches $5,000, it could pull the price of Bitcoin down to $10,000, a 95% drop from the peak gold price in 2021.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
