Peter Schiff: Bitcoin is currently worth only 15.5 ounces of gold, down 57% from its peak in 2021

Gold advocate and economist Peter Schiff tweeted, "Bitcoin is currently worth only 15.5 ounces of gold, down 57% from its peak in 2021, and just 10% higher than its peak in 2017. Despite Wall Street and the Trump administration's strong endorsement of Bitcoin, most Bitcoin holders would have seen greater returns if they had purchased gold or silver instead."