BTC $63,384.31 +0.62%
ETH $1,894.69 +0.84%
BNB $603.95 -0.09%
XRP $1.00 -0.04%
SOL $75.50 +0.19%
TRX $0.3325 +0.54%
DOGE $0.0701 +0.45%
ADA $0.1754 -1.26%
BCH $204.94 +0.70%
LINK $9.38 -0.01%
HYPE $59.26 +3.30%
AAVE $85.93 -0.02%
SUI $0.6758 -0.13%
XLM $0.1578 +0.69%
ZEC $510.50 +4.73%
BTC $63,384.31 +0.62%
ETH $1,894.69 +0.84%
BNB $603.95 -0.09%
XRP $1.00 -0.04%
SOL $75.50 +0.19%
TRX $0.3325 +0.54%
DOGE $0.0701 +0.45%
ADA $0.1754 -1.26%
BCH $204.94 +0.70%
LINK $9.38 -0.01%
HYPE $59.26 +3.30%
AAVE $85.93 -0.02%
SUI $0.6758 -0.13%
XLM $0.1578 +0.69%
ZEC $510.50 +4.73%

Economist Peter Schiff: Bitcoin is not digital gold

2025-05-05 11:09:29

ChainCatcher message, gold advocate and economist Peter Schiff posted on X stating, "U.S. stock index futures and the dollar are both facing sell-offs. However, gold and Bitcoin are showing completely opposite trends again. Gold is behaving like a safe-haven asset, rising about 1%. Meanwhile, Bitcoin's trading performance resembles that of a risk asset, falling about 2%. Clearly, Bitcoin is not digital gold."

app_icon
ChainCatcher Building the Web3 world with innovations.