Peter Schiff argues that Bitcoin is underperforming compared to gold, noting its recent drop below 120,000 USD. In contrast, gold has reached a new high, demonstrating a solid annual growth of 36%.
Despite short-term fluctuations, Bitcoin has increased by 18% year-to-date and nearly 1,000% over five years. The recent 64.53% rise in the Bitcoin-to-gold ratio suggests a potential resurgence in Bitcoin’s value relative to gold.
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