Peter Schiff Asks If Bitcoin Is 'Digital Gold' Why Is It Trading 13% Below Record Highs Despite 'All The Hype' And Trump Administration Support

On Sunday, Peter Schiff, a well-known critic of Bitcoin (CRYPTO: BTC BTC - $70059.891 highlighted the disparity between gold's record high prices and Bitcoin's current valuation. Why Is Bitcoin Even ‘Digital Gold' Schiff questioned why Bitcoin, often dubbed “digital gold,” remains over 13% below its peak from November 2021.

Source: benzinga.com

Related symbols: BTCUSD

2025-09-01 01:45:02 GMT.

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Price & Market Data

Price: $70059.891

Volume 24h: $48,561,347,839.04

Market Cap: $1,401,208,537,146.90

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,999,868. The last known price of Bitcoin is 68,245.57010547 USD and is up 0.78 over the last 24 hours. It is currently trading on 12574 active market(s) with $41,493,886,375.73 traded over the last 24 hours. More information can be found at https://bitcoin.org/.