Bitcoin’s Bull Market Was a Bubble, Peter Schiff Claims, Says Gold's Rise Reflects De-Dollarization
Yahoo Finance·2026-02-24 12:02

Key Takeaways Peter Schiff says Bitcoin’s price rally was a bubble that is now deflating. Gold’s surge reflects de-dollarization, Schiff claims. Institutional flows show divergence between gold and Bitcoin. Gold advocate and long-time Bitcoin critic Peter Schiff has slammed Bitcoin’s multi-year rally as a bubble that is now deflating, claiming its price could fall as low as $40,000. His comments come as Bitcoin’s price continues to decline, now trading 50% below its October 2025 peak of $126,000. ...