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Bitcoin’s recent pullback has reignited the long-running debate over its true value and long-term sustainability. While major assets such as the NASDAQ and gold have surged 18% and 42% above their January highs, Bitcoin has slipped below its own.
The decline comes amid renewed criticism from gold advocate Peter Schiff, who argues that Bitcoin’s value depends solely on market momentum rather than any inherent worth. Despite ongoing institutional attention and political headlines since Trump’s inauguration, Bitcoin’s price performance remains muted compared to traditional markets.
Read The Full Article Schiff Renews Criticism as Bitcoin Underperforms Gold and NASDAQ On Coin Edition.