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Gold's dip seen as a buying chance, Bitcoin's drop signals a deflating bubble, says economist Peter Schiff.

Market News
26 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Economist Peter Schiff distinguishes the recent price drops of gold and Bitcoin, viewing gold's decline as a buying opportunity while characterizing Bitcoin's fall as a deflating speculative bubble. Bitcoin slipped below $60,000 for the first time in nearly two years, down over 52% from its October 2024 peak, while gold has also faced declines but is still seen as holding enduring value. Schiff rejects the idea that capital will shift from gold to Bitcoin during selloffs, emphasizing that Bitcoin's weakness reflects unwinding speculation rather than normal market trends. Citigroup forecasts gold prices could fall another 20% by September, but Schiff maintains a preference for gold over Bitcoin due to its lasting value.

More News (BTC)

Grant Cardone uses real estate cash flow to keep buying bitcoin amid price dips

Grant Cardone uses real estate cash flow to keep buying bitcoin amid price dips

Grant Cardone, CEO of Cardone Capital, is leveraging rental income from his real estate portfolio to steadily buy bitcoin through dollar-cost averaging, even as bitcoin prices fall. This approach contrasts with corporate bitcoin treasury strategies t...

Market News
Bullish
5 hours ago
Bitcoin and Ethereum face weekend pressure near key technical levels amid low volume trading.

Bitcoin and Ethereum face weekend pressure near key technical levels amid low volume trading.

Bitcoin and Ethereum prices declined over the past week, with Bitcoin trading around $60,481 and Ethereum at $1,579. Both cryptocurrencies are closely watched for their interaction with the 200-day moving average, a critical technical level that may ...

Technical Signals
Neutral
5 hours ago
XRP hits $1.01, its lowest since Nov 2024, amid 43% drop in 2026 and major outflows from Binance.

XRP hits $1.01, its lowest since Nov 2024, amid 43% drop in 2026 and major outflows from Binance.

On June 25, 2026, XRP fell to $1.01, marking its lowest price since November 2024 and a 43% decline from the start of 2026. This drop occurred alongside a broader crypto market downturn, with Bitcoin also falling below $58,200. Despite the price decl...

Technical Signals
Bearish
6 hours ago
Crypto market shows recovery signs as $10.8B Bitcoin, ETH, XRP, SOL options expire today

Crypto market shows recovery signs as $10.8B Bitcoin, ETH, XRP, SOL options expire today

The cryptocurrency market is showing signs of recovery ahead of a major options expiry worth $10.8 billion involving Bitcoin, Ethereum, XRP, and Solana. Bitcoin options worth $9.3 billion are expiring today, with traders hedging for volatility and a ...

Market News
Neutral
6 hours ago
Bitcoin sees 656 BTC inflow to exchanges as Europe leads Binance trading activity.

Bitcoin sees 656 BTC inflow to exchanges as Europe leads Binance trading activity.

Bitcoin exchange reserves recorded a net daily inflow of 656 BTC, signaling increased short-term trading activity despite a weekly net outflow of 8,827 BTC. Europe dominated Binance's BTCUSDT trading volume, highlighting its key role in intraday liqu...

Market News
Neutral
7 hours ago
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