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Peter Schiff Urges Bitcoin Holders to Consider Gold Amid Market Decline

17/10 00:13

According to BlockBeats, economist and cryptocurrency critic Peter Schiff recently commented on social media that gold is increasingly capturing Bitcoin's market share. Since reaching a peak in August, Bitcoin has depreciated by 32% when valued against gold. Schiff predicts that the current Bitcoin bear market will be particularly severe and advises holders to sell their Bitcoin and invest in gold instead.

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