Coin Edition
2026-05-09 06:30:00

Peter Schiff Mocks Bitcoin Drop as Gold, Stocks Outperform BTC in 2026

Peter Schiff mocked Bitcoin as gold, silver, and major stock indexes posted gains in 2026. Schiff renewed attacks on Michael Saylor’s STRC model, calling it unsustainable. Strategy posted a $12.5B Q1 2026 loss as Saylor admitted the company could sell Bitcoin. Bitcoin critic Peter Schiff took aim at BTC holders after the asset posted an 11% decline so far in 2026, even as traditional markets and metals moved higher. In a post on X, Schiff compared Bitcoin’s performance against several major assets. Gold gained 9% this year, silver climbed 11%, the NASDAQ rose 13%, and the Russell 2000 advanced 14%. Bitcoin, meanwhile, moved in the opposite direction. Schiff mocked the idea that Bitcoin had become an “uncorrelated asset,” arguing that BTC continued falling even while both risk-on and defensive assets rallied. The comments came as Bitcoin continues to f… Read The Full Article Peter Schiff Mocks Bitcoin Drop as Gold, Stocks Outperform BTC in 2026 On Coin Edition .

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