Gold advocate Peter Schiff criticized CNBC for focusing on Bitcoin instead of gold and silver gains. Despite recent price weakness, Tom Lee argued for Bitcoin’s long-term potential. Gold prices eased while Bitcoin slid, prompting Schiff to accuse CNBC of bias and lack of understanding, blaming commercial incentives in financial media. Lee, however, remains optimistic about Bitcoin’s future growth potential, citing favorable U.S. legislation and Wall Street interest. Schiff reiterated his criticism of Bitcoin as “worthless” and a “Ponzi scheme,” contrasting it with tokenized gold. Gold prices eased slightly after a strong rally, while Bitcoin weakened further due to bearish technical patterns and broader market stress. Tahiri predicts a potential rebound for Bitcoin once it reaches a target between $70,100 and $72,000. Bitcoin was trading at around $86,278, down nearly 5% over the past seven days.

Read more at Yahoo Finance: Peter Schiff Accuses CNBC of Bitcoin Bias as Tom Lee Claims BTC Could See 200% Growth