‘Gold is up $50, Bitcoin is down 4%’ – Peter Schiff highlights the rift between crypto and TradFi

In the course of the weekend, the concept of a safe-haven funding was put to the take a look at. At a time when traders have been in search of safety from world financial uncertainty, the market confirmed a transparent divide.

Gold and silver surged to file highs, whereas Bitcoin [BTC] moved in the other way. Gold crossed $5,175, and silver rose above $87.

In distinction, Bitcoin fell greater than 5%, dropping beneath the important thing $65,000 assist stage.

As a substitute of appearing like a dependable retailer of worth, Bitcoin weakened throughout a interval of stress, elevating contemporary doubts about its function as a protected asset.

Peter Schiff slams Bitcoin as soon as once more

Economist and long-time Bitcoin critic Peter Schiff highlighted this shift on X. He argued that the rising hole between valuable metals and cryptocurrencies was not short-term. 

Supply: Peter Schiff/X

Evidently, the crypto neighborhood pushed again on Schiff’s feedback and added, 

“It’s at all times “Bitcoin is down 4%” on purple days however by no means “Bitcoin is up 300% in a 12 months” on inexperienced ones. Zoom out, Peter. The chart nonetheless scares gold bugs greater than volatility scares us.”

Echoing related sentiments, one other X person added,

Supply: The Bitcoin Therapist/X

Whereas gold climbed above $5,100 per ounce, Bitcoin did not act like a protected asset and was buying and selling about 30% beneath its October 2025 peak. 

Bitcoin vs. Gold

At its peak in December 2024, one Bitcoin may purchase about 38 ounces of gold. By February 2026, that determine had fallen to roughly 13 ounces.

Supply: LongtermTrends

This sharp decline exhibits that Bitcoin has misplaced greater than 62% of its worth in comparison with gold in simply over a 12 months. Although Bitcoin nonetheless seems to be secure in greenback phrases, it’s dropping actual shopping for energy when measured towards gold.

Silver’s rise and Bitcoin’s battle

The hole turns into even clearer after we evaluate Bitcoin with silver. Since Might 2025, Bitcoin’s worth in comparison with silver has dropped by greater than 70%. 

Supply: Xe

This alteration can be seen in world rankings.

According to CompaniesMarketCap, gold and silver now rank first and second in complete market worth. Bitcoin has fallen to round thirteenth place, behind many conventional corporations and bodily belongings.

What’s extra?

All in all, the robust development of 2024 and 2025, when many individuals noticed Bitcoin as a great way to guard towards inflation, is now weakening.

Nonetheless, some analysts consider that the present low Bitcoin-to-gold ratio could possibly be a superb long-term shopping for probability. They assume Bitcoin is affordable in comparison with gold.

Nonetheless, the general market course is evident. Although extra money is getting into the system, traders are selecting gold and silver as a substitute of crypto.

Due to this fact, if Bitcoin desires to be seen as a protected haven once more, it must cease appearing like a dangerous tech inventory and begin behaving extra like a secure retailer of worth.

Ultimate Abstract

• Bitcoin’s drop beneath $65,000 weakened confidence in its function as a long-term retailer of worth.
• The sharp fall within the Bitcoin-to-gold ratio exhibits that Bitcoin is dropping actual buying energy, not simply worth momentum.