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Not Bitcoin, But Silver Is The New Gold 2.0 Says Bitcoin Critic Peter Schiff

Bitcoin skeptic Peter Schiff said that while Gold surged, BTC price tanked on geopolitical tensions suggesting a loss of confidence in the crypto.

Amid the rising geopolitical tensions and Israel’s escalating attacks on Iran, Bitcoin and the broader cryptocurrency market took a beating with BTC price slipping under $60,000, for the second time this week.

Risk-off sentiment has kicked in again as money moves back into safe-haven assets like Gold, Bonds, and USD. Bitcoin critic Peter Schiff took this opportunity to slam BTC saying that the asset is no longer Gold 2.0.

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