BlockBeats news, on September 24, economist and cryptocurrency critic Peter Schiff posted on social media stating that Bitcoin has failed to meet its market expectations. Priced in gold, Bitcoin's current price has fallen 20% from the historical high set in August. In other words, Bitcoin has entered a Bear Market. Given that Bitcoin is revered as 'digital gold', its 20% decline priced in gold has significance far beyond a 10% decline priced in USD.
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