Peter Schiff: Bitcoin's plunge relative to gold reveals the true nature of the "digital gold" scam.

According to Odaily Planet Daily, economist Peter Schiff wrote on the X platform that Bitcoin's price has fallen below $90,000, a 28.5% drop from its all-time high, while Bitcoin's price denominated in gold has fallen by about 40% while gold has remained above $4,000. He stated that this relative decline exposes the fraudulent nature of the "digital gold" narrative and believes that investors involved will sell off their holdings.