Bitcoinfell
toward
$63,000
on
Saturday
as
investors
pulled
away
from
riskier
assets,
concerned
about
persistent
inflation
and
artificial
intelligence
disruption.
Bitcoin
fell
to
a
low
of
$63,019
and
was
trading
down
2.78%
in
the
last
24
hours
to
$64,044.
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In
his
usual
characteristic
manner,
long-time
cryptocurrency
critic
and
gold
bug
Peter
Schiff
took
the
chance
to
poke
at
Bitcoin
bulls
as
the
price
fell.
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Might
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Like
Sat,
02/28/2026
-
15:24
Bitcoin
Sell
Volume
Surges
by
$1.8
Billion
Amid
US
Tensions
ByCaroline
Amosun
HOT
Stories
Crypto
Market
Review:
Bitcoin's
$70,000
Guarded
Like
Treasure,
Will
Shiba
Inu
Have
Bullish
March?
Ethereum
Breaks
Above
100-Day
ThresholdXRP
Volume
Rises
212%,
Bitcoin
ETFs
Back
in
Demand
With
$506
Million,
Dogecoin
Price
Reclaims
$0.10
—
U.Today
Crypto
Digest
In
a
tweet,
Schiff
highlighted
an
increase
in
gold
and
silver
prices
while
Bitcoin's
price
fell.
Schiff
noted
that
gold
added
$94
to
close
at
$5,278,
its
highest
weekly
and
monthly
close
ever.
Also,
silver
added
$5.50
to
close
at
$93.66,
its
highest
monthly
close
ever.
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Gold
closed
up
$94
today,
at
$5,278,
its
highest
weekly
and
monthly
close
ever.
Silver
closed
up
$5.50,
at
$93.66,
its
highest
monthly
close
ever.
So
far
in
2026,
gold
is
up
21.5%
and
silver
is
up
30%.
In
sharp
contrast
Bitcoin
is
down
27%.
This
divergence
will
continue
all
year.
—
Peter
Schiff
(@PeterSchiff)February
27,
2026
Schiffgave
gold
and
silver
price
increases
so
far
in
2026
to
be
21.5%
and
30%,
respectively.
This
he
contrasted
with
Bitcoin,
which
he
said
was
down
27%,
while
predicting
that
the
divergence
between
Bitcoin
and
precious
metals
will
continue
all
year
long.
Bitcoin
gold
divergence:
analysts
weigh
in
Fidelity'sJurrien
Timmerstated
that
in
his
own
view,
Bitcoin
is
an
aspirational
junior
player
on
the
hard
money
team
(led
by
gold).
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You
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Like
Sat,
02/28/2026
-
12:15
23,300
BTC
Moved
to
Exchanges
at
Loss
as
Bitcoin
Drops
Below
$64,000
ByTomiwabold
Olajide
"Gold
has
been
and,
in
my
view,
will
always
be
the
quarterback
on
this
team,
and
Bitcoin
along
with
silver
are
secondary
plays.
As
such,
they
may
take
turns
leading
the
ups
and
downs,"
Timmer
stated.
He
highlighted
the
gold/Bitcoin
ratio
as
a
metric
to
consider,
and
possibly
a
valuable
indicator
as
the
Bitcoin
price
finds
a
floor.
Based
on
this,
the
$60,000
level
stands
out
as
key
support
based
on
past
price
action
and
the
power
law
curve.
Timmer
indicated
that
while
gold
is
"cheap"
compared
to
silver,
it
is
"expensive"
compared
to
Bitcoin,
adding
that
the
current
levels
are
not
quite
at
the
extremes
seen
at
previous
inflection
points
but
are
now
getting
close.
The
gold/Bitcoin
Z-score
has
historically
signaled
tops
and
bottoms
through
divergences.
However,
no
clear
divergence
is
present
now,
and
indicators
are
not
at
prior
low
extremes.
Bitcoin
may
need
more
time
consolidating
between
$60,000
and
$70,000
before
forming
a
lasting
bottom.
Crypto
analyst
Michael
Van
de
Poppe
shared
expectations
on
the
markets
in
a
recent
tweet:
"My
expectation
is
that
we'll
see
a
peak
on
commodities
soon
and
a
rotation
towards
equities
&
Crypto
from
next
week
on."