Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300%

2019-10-22 17:10

Peter Schiff is not afraid to make extremely bearish calls on bitcoin. It appears that the chairman of SchiffGold sees the cryptocurrency as a competitor of gold. Recently, the gold bug took to Twitter to share his gloom and doom prediction on bitcoin.

The Crypto Twitter (CT) community was quick to respond to Schiff’s ultra […]

The post Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300% appeared first on CCN. com

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Bitcoin market cap nears 10% of gold as institutional interest soars – Incrementum report

Quick Take A report compiled by wealth management firm Incrementum, shared by Tuur Demeester, a researcher at Adamant Research sheds light on the growing institutional interest in Bitcoin. The research, titled “The New Gold Playbook,” highlights the increasing resemblance of Bitcoin to gold, supported by various charts.

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Despite the volatile price action of Bitcoin (BTC), the world’s largest cryptocurrency has outperformed every other asset, including gold. Although it is trading below its psychological milestone of $30,000 at $29,000, Bitcoin is expected to grow further in 2023, as it acts as a safe haven for investors amidst the US banking crisis.

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