Bitcoin Crashes Below $50,000 To Critical Support

Source: Bloomberg

Of course, as CoinTelegraph reports, notorious gold bug and crypto-skeptic, Peter Schiff, was also quick to comment on the market action, poking fun at Bitcoin proponent Anthony Pompliano.

Pompliano responded“Bitcoin is up 600% in last year. Gold is up 3% in last year. No more tweeting until gold can beat inflation, Peter!” 

Twitter-user “Fintwit” also replied to Schiff, noting that “gold is up 0% since 2011.”

The battle continues.

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