Peter Schiff: If Bitcoin fails to keep up with gold's gains, its status as digital gold will be weakened and it will eventually crash.
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According to ChainCatcher, gold advocate and economist Peter Schiff stated on the X platform that everyone expects bitcoin to follow gold and soar to new highs. However, the market has given speculators too much time to buy in. A more likely scenario is that bitcoin fails to keep up with gold's gains, which will weaken its status as "digital gold" and ultimately lead to a crash.
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