Peter Schiff Says Bitcoin’s Fate Hinges On Existing Holders: ‘What Matters Most Is…’
Posted On October 23, 2025
Renowned economist Peter Schiff projected on Wednesday a supply explosion and subsequent price collapse for Bitcoin (CRYPTO: BTC) if existing holders decide to exit the market.
Existing Holders To Decide Bitcoin’s Fate?
Schiff took to X to share his views on the supply dynamics of the world’s leading cryptocurrency, stating, “Bitcoin’s supply growth isn’t limited to what’s being mined. What matters most is the supply that existing holders want to sell.”
He further stated that while “most existing Bitcoin” isn’t currently for sale, a sudden decision by holders to exit could result in a supply explosion. Without a corresponding increase in demand, he warned, the price would drop sharply.
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