Gold and Silver Shine But Bitcoin Falls: Peter Schiff Prediction
The battle for safe-haven supremacy is heating up in 2025, with gold, silver, and Bitcoin vying for investor attention. According to Peter Schiff prediction, the traditional precious metals might be poised to outperform the digital asset. With the traditional assets showing gains and Bitcoin experiencing a dip, the BTC critic is predicting the cryptocurrency’s potential downtrend.
Peter Schiff Prediction Today
As the US financial markets prepare for another trading day, BTC critic Peter Schiff predicts Bitcoin’s potential crash in contrast to the precious minerals’ notable gains. As these precious metals continue to rise against the plummet of the crypto, the economist's forecast gains significant attention.
“There is still plenty of time before U.S. markets open for trading tomorrow for gold and silver to take off and Bitcoin to crash,” read Peter Schiff prediction. In his X post , he underscored the remarkable rally of the white mineral, which surged by 19 cents to hit $43.20. The yellow metal has also increased by five bucks, while Bitcoin is down by over 1%.
The economist continued to highlight the white metal’s surprising rally as it now stands around $43.87. In a separate post, he wrote, “Prices could be much higher by the time I wake up.”
Metals Capture Attention
Over the past few weeks, the precious metal prices have been witnessing notable gains, especially after the Fed rate cut. Ole Hansen, head of commodity strategy, Saxo Bank, noted,
“Silver has climbed above $40 an ounce to its highest level in 14 years, extending a rally that has already delivered a 37.5 percent year-to-date gain. Gold is up 31 percent over the same period, but…outperformance reflects its dual role as both an investment and an industrial metal.”
Further, highlighting the white metal’s supremacy over the yellow, Hansen said,
“Silver’s relative cheapness to gold has added momentum, with the…ratio near 85, above its five-year average around 82. While gold must push through fresh record highs to extend its rally,... still trades well below the 2011 peak of $50, leaving room for further investment demand.”
Currently, the golden treasure is priced at $3,701, up 0.43% and the other is at $43.66, up 1.34%. At the same time, BTC is trading at $112,985, marking a decline of 2.5% in a day. This contrast in the trajectory sparks caution, fueling more interest in Peter Schiff prediction .
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。