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Benzinga
Benzinga
Business
Khyathi Dalal

Peter Schiff Dismisses BTC Rally To $115,000: 'How Is Bitcoin Digital Gold?'

Peter Schiff Bitcoin Gold Ted Pillows United States
Gold as Sanctions Shield

Gold advocate Peter Schiff reignited debate over Bitcoin's (CRYPTO: BTC) status as "digital gold," questioning how it can serve as gold's modern counterpart when the two assets move in opposite directions.

What Happened: In his latest critique on Monday, Schiff mocked Bitcoin's rally amid a gold decline following upbeat U.S. trade news.

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