Investor and financial commentator Peter Schiff has once again criticized Bitcoin, pointing out its poor performance in the second quarter compared to gold. Schiff noted that Bitcoin’s value has dropped over 15% in Q2, while gold has seen a 4% gain during the same period. This has led Schiff to caution investors who may have shifted from gold ETFs to Bitcoin ETFs, stating that they are now 20% worse off and predicting further deterioration. Bitcoin’s recent price movements show a decline from just under $71,000 to approximately $60,800, marking a more than 14% drop. Despite this correction, some analysts believe it is part of a larger bull market. Julio Moreno from CryptoQuant has pointed out a decrease in Bitcoin demand, with a reduction of 23,000 Bitcoins in the past 30 days, which he links to the current price correction.