[Peter Schiff: Bitcoin Priced in Gold is Currently Nearly 16% Lower Than Its November 2021 Peak] According to Golden Finance, economist Peter Schiff posted on X stating that Bitcoin priced in gold has dropped 18% since reaching a peak of approximately 37.2 ounces on August 12, just 2% above the official bear market territory. In fact, Bitcoin priced in gold is currently nearly 16% lower than its November 2021 peak.