Peter Schiff’s Bitcoin & Ethereum Critique Intensifies: Is His Bearish Stance Justified?

Gold bug Peter Schiff unleashes fresh volleys against crypto giants Bitcoin and Ethereum—doubling down on his long-standing skepticism.

The Crypto Counterargument

While Schiff warns of digital tulips and regulatory crackdowns, Bitcoin continues defying gravity—climbing 150% this year alone. Ethereum's decentralized ecosystem keeps expanding despite the noise from traditional finance skeptics.

Market momentum suggests institutional adoption is accelerating, not slowing. Major funds keep allocating to digital assets while Schiff's gold portfolio struggles to keep pace with inflation.

Maybe traditional finance experts should stick to analyzing things that don't evolve faster than their spreadsheet models.

Peter Schiff’s Bitcoin and ETH Doubts

In a new post on X, Peter Schiff is once again heavily critiquing Bitcoin and Ethereum. Schiff’s latest post emphasizes the recent crypto market crash narrative, focusing on how Bitcoin is on the verge of hitting a new low of $100K. In addition to this, Schiff shared how one of the most astonishing developments other than BTC’s downfall is the crash in momentum of Ethereum, which is nearly 40% down from its earlier August highs.

Schiff can be seen commenting on how ethereum has lost all its 2025 gains, later adding how Bitcoin might be on a path to erase all its 2025 gains as well.

Bitcoin finally broke below $100K. But the bigger crash is happening in Ether, which is about to break below $3K. That's almost a 40% decline from its record high set in August. Ether has already lost all of its 2025 gains. Bitcoin will soon surrender all of its 2025 gains too.

Is Peter Schiff Right? How Accurate Is His Prediction?

According to CoinCodex BTC stats, bitcoin may be undergoing a temporary market correction but is poised to recover and scale back to $136K by February 2026.

Moreover, for Ethereum, CC stats add how it may soon surge to sit at $5683 by February, gaining all of its momentum back.

However, crypto market predictions can never be accurate, considering the volatile stance of the market. Hence, investment-related decisions should be considered after conducting thorough market research.