[Peter Schiff: Bitcoin has dropped 20% from its ATH when priced in gold, meaning it has actually entered a bear market] BlockBeats News, September 24 – Economist and cryptocurrency critic Peter Schiff stated on social media that Bitcoin has failed to meet its market expectations. When priced in gold, Bitcoin's current price is down 20% from the all-time high (ATH) reached in August. In other words, Bitcoin has entered a bear market. Given that Bitcoin is touted as 'digital gold,' a 20% drop when priced in gold is far more significant than a 10% drop when priced in USD.