Peter Schiff Says Bitcoin’s Recovery Is A ‘Dead Cat Bounce’ While Gold Makes Another All-Time High
Posted On October 13, 2025
Economist and long-time Bitcoin (CRYPTO: BTC) skeptic Peter Schiff has described the crypto king’s rebound from Friday’s sell-off as a “dead cat bounce.”
What Happened: In a series of posts on X, Schiff criticized Bitcoin’s volatility and emphasized safer, more stable assets like gold and silver, which are delivering strong returns.
Gold (NYSE:GLD) surged past $4,080, approaching new record highs, while silver traded near $51.60, both unaffected by Friday’s declines.
Meanwhile, Bitcoin, which reached all-time highs during …
About The Author
