According to Cointelegraph, after bitcoin fell nearly 7% today, gold enthusiast Peter Schiff said that Bitcoin has proved that it is not a safe haven. “Bitcoin failed to pass the safe haven test again. Last Friday, with the escalating trade tensions causing global stock markets to plummet, investors are seeking currency hedging. The yen, Swiss franc, and especially gold are all higher. However, Bit The decline in the currency exceeded the stock market! Since last Thursday, the value of Bitcoin has lost more than any major stock market index, and both gold and silver are rising."