Bitcoin Price Plunges To $108K As Peter Schiff Says Gold More Likely To Hit $1M Than BTC
The Bitcoin price slid 2% in the past 24 hours to trade at $108,388 as of 1:20 a.m. EST on trading volume that plunged 26% to $83.3 billion. BTC permabear Peter Schiff seized on the downward momentum, and a new all-time high for gold that took its market capitalization past $30 trillion, to double down on his prediction that gold is more likely to hit $1 million than BTC. Gold is more likely to hit $1 million than Bitcoin. — Peter Schiff (@PeterSchiff) October 16, 2025 Schiff’s latest salvo, aligning with gold’s 60% year-to-date surge, drew a sarcastic response from Binance co-founder Changpeng Zhao (CZ), who suggested he’s right ”about 1% of the time.” Peter revenge. 👏 We should have listened to him, two months ago, out of the 16 years in bitcoin's existence. About 1% of the time. I am sure bitcoin fluctuated negatively against gold more than that, except BTC went from $0.004 to $110,000 USD in 16 years. https://t.co/c7IiygbOer ...