TechFlow news, on May 5, well-known economist Peter Schiff pointed out on social media that amid simultaneous declines in U.S. stock futures and the dollar, gold and Bitcoin have once again moved divergently. Gold, as a safe-haven asset, rose approximately 1%, while Bitcoin performed more like a risk asset, falling about 2%.
In response, some community members stated that short-term price movements do not define fundamentals, and Bitcoin's volatility reflects shifts in liquidity flows rather than its long-term value proposition. Another user emphasized that Bitcoin has a clear 21 million coin supply cap, a feature that makes it superior to gold, which is abundant in the universe.
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