Tag: Bitcoin vs Gold

Popular trader Peter Brandt announced the milestone on X, stating that it now takes 40 ounces of gold to purchase one Bitcoin.

Jerome Powell has stated that Bitcoin serves as a speculative asset akin to gold, while dismissing its potential to rival the U.S. dollar.

Bitcoin has been mischaracterized as a "risk-on" asset, according to Robbie Mitchnick, BlackRock's head of digital assets.

Bitcoin experienced a sharp 5% drop, triggering a debate between well-known Bitcoin critic Peter Schiff and veteran trader Peter Brandt.

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