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Peter Schiff: BTC has been in a long-term invisible bear market, and its growth rate this year lags behind major precious metals
2025-09-27 04:41

Economist and cryptocurrency critic Peter Schiff published data on the X platform showing that BTC and ETH's year-to-date gains have lagged behind those of major precious metals, including: platinum up 74%, silver up 59%, palladium up 44%, gold up 43%, Ethereum up 20%, and Bitcoin up 16%. Peter Schiff also pointed out that Bitcoin has been in a long-term "hidden bear market," as its price, measured in gold, is currently 22% below its August 2025 high and 20% below its November 2021 high.