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Peter Schiff: Bitcoin has already dropped 32% from its ATH in terms of gold. This Bitcoin bear market is going to be very brutal.

2025-10-17 00:12

BlockBeats News, October 17th, Economist and cryptocurrency critic Peter Schiff posted on social media, stating, "Gold is eating into Bitcoin's market share. Since hitting a high in August, Bitcoin has dropped 32% against gold. This Bitcoin bear market will be very brutal. I advise hodlers to sell Bitcoin and buy gold."

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