Peter Schiff On Trump's Crypto Snub In Inaugural Speech: 'He Invoked Gold, Not $BTC'Noted economist Peter Schiff critiqued Donald Trump's inaugural address, highlighting Trump's preference for gold over Bitcoin. Schiff pointed out Trump's reference to the "Golden Age of America" in his speech, suggesting a connection to the Gilded Age when the gold standard was in place. Despite expectations, Trump did not mention cryptocurrencies in his address, leading to a market correction. Bitcoin was trading at $102,354.42, up 0.68%, while spot gold was at $2,723.66 per ounce, up 0.57%. Schiff's views on Bitcoin have been controversial, with accusations of engagement farming. He speculated on Biden selling state-owned Bitcoin before Trump's term and criticized Trump's reported plans for a national Bitcoin reserve. #StockMarket
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