According to ChainCatcher, Peter Schiff, a gold advocate and economist, posted on X, "US stock index futures and the US dollar are both experiencing sell-offs. However, gold and Bitcoin are showing completely opposite trends. Gold is performing like a safe-haven asset, rising by about 1%. In contrast, Bitcoin is trading like a risk asset, falling by approximately 2%. It is clear that Bitcoin is not digital gold."
Economist Peter Schiff: Bitcoin is not digital gold
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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