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The opinions of the renowned economist Peter Schiff always stir controversy in the world of cryptocurrencies.
Recently, Schiff warned that the recent 13% drop in Bitcoin's price is a sign of deeper weakness, asserting that gold remains the true safe haven.
Schiff believes that Bitcoin is significantly correlated with stock markets, and any decline in these markets will lead to a greater drop in the price of the digital currency.
Stay tuned for more cryptocurrency news.
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