Bitcoin has once again dropped on the charts, with its price falling from over $70,000 to just over $67,000 at press time. In fact, BTC lost over 5% of its value in just 24 hours.
However, he believes that this explanation misses the true reason behind the appreciating in gold prices. He said, Schiff further noted that even though the US Dollar appears strong, compared to other currencies, it’s actually weakening, with the same evidenced by Gold’s rise against all currencies.
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