Schiff Turns to Gold as Bitcoin Retains November 2021 Lows
Peter Schiff urged investors toward gold as bitcoin remained deeply lower, while both assets faced selling pressure.
Peter Schiff urged investors toward gold as bitcoin remained deeply lower, while both assets faced selling pressure. Bitcoin (BTC) is trading at $67,225.00, down 0.1% since this brief published. This is an original TLT brief synthesising 4 outlets (Bitcoin.com, CoinCodex, The Crypto Basic, and others), plus live market data, as of Sat, 14 Nov 2026 10:15:03 UTC.
The comparison highlights how Bitcoin's downturn has revived demand for traditional safe-haven assets, although gold has not provided a straightforward hedge in the current market.
- TCB Daily Edition: What Happened in Crypto on November 13, 2026 ↗
- INJ up +12.36%, BTC -1.39%, Injective is The Coin of The Day - Daily Market Update for Nov 14, 2026 ↗
- Peter Schiff Calls Bitcoin a 'Slow Bleed' While Gold Slides Below $3,900 ↗
- Two 2010 Bitcoin Wallets Move $6.9M After 16 Years Dormant ↗
- Bitcoin reached levels last seen in November 2021
- Schiff cited a 22% decline across seven weeks
- Bitcoin stands at $67,323, down 11.34% over seven days
- Crypto market sentiment remains at extreme fear
Peter Schiff used 
Bitcoin's extended decline to renew his preference for gold. According to Bitcoin.com, the longtime gold advocate said bitcoin had returned to price levels dating to November 2021. He also cited a 22% decline over the preceding seven weeks and called on investors to redirect their attention toward gold.
Schiff's preferred asset was not immune to weakness during the same period. Gold fell below $3,900 per ounce, and analysts cited by Bitcoin.com warned that the precious metal could experience a major further decline. The coverage therefore presented a difficult contrast: Bitcoin was falling while gold, the proposed alternative, was also under pressure.
Live market data showed Bitcoin trading at $67,323, down 2.57% over 24 hours and 11.34% over seven days. Its market capitalization stood at $1.35 trillion. The total crypto market capitalization was $2.34 trillion, while the overall market was broadly lower.
Market sentiment remained subdued, with the Fear & Greed index at 13, within the Extreme Fear zone. What matters is the scale of the pressure across both assets: Schiff's call reflects Bitcoin's continued weakness, but the reported gold decline complicates the idea of a simple rotation between crypto and precious metals.
Since this brief published about 4 hours ago, Bitcoin (BTC) has moved from $67,323.00 to $67,225.00 — -0.15%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $60,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $268.39K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 14 07:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦94.65M (about $67,225.00), down 3.1% over 24 hours. The naira itself trades about 4.1% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Schiff Turns to Gold as Bitcoin Retains November 2021 Lows — questions & answers
What did Peter Schiff say about Bitcoin?
Schiff said Bitcoin had returned to November 2021 levels and cited a 22% decline over seven weeks. He encouraged investors to pivot toward gold.
How much was gold worth in the report?
Gold fell below $3,900 per ounce. Bitcoin.com also reported warnings from analysts about a potentially major gold downturn.
How is Bitcoin performing now?
Bitcoin is at $67,323, down 2.57% over 24 hours and 11.34% over seven days. The Fear & Greed index is 13, indicating extreme fear.
How much is 1 Bitcoin worth in naira today?
About ₦94.65M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $67,225.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.15% since this brief first published — trading at $67,225.00 now versus $67,323.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com, CoinCodex, The Crypto Basic, Bitcoin World, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.