Peter Schiff Says Bitcoin, Ethereum Crash Is ‘Imminent’—But How Much Worse Can It Get?
Posted On October 17, 2025
Bitcoin’s (CRYPTO: BTC) downturn may be only beginning, according to veteran gold advocate Peter Schiff, who warns of an impending collapse across the broader crypto market as Bitcoin broke to $106,000 today.
What Happened: In his latest posts on X, Schiff noted that Bitcoin has lost 34% of its value relative to gold since its August all-time high, underscoring the digital asset’s sharp underperformance compared to the traditional safe-haven metal.
He suggested that Bitcoin’s weakening relative strength signals that the downtrend could …