Peter Schiff Calls Bitcoin Bubble, Says Gold's Rise Reflects De-Dollarization

Tuesday, Feb 24, 2026 7:06 am ET1min read
BTC--

Peter Schiff claims Bitcoin's price rally was a bubble that is now deflating, while gold's surge reflects de-dollarization. Schiff argues that institutional flows show divergence between gold and Bitcoin. He predicts Bitcoin's price could fall as low as $40,000, potentially shifting investor attention toward gold and mining stocks. Schiff criticizes mainstream media for not properly explaining gold's rally and attributes the rise to de-dollarization.

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