Peter Schiff Says Bitcoin, Ethereum Are In A Bear Market
Posted On November 5, 2025
Gold advocate Peter Schiff has doubled down on his bearish stance, arguing that Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are not in “correction” or “consolidation,” but in full-fledged bear markets.
What Happened: In an X post, Schiff criticized CNBC for downplaying the declines, noting that Bitcoin’s 21.6% and Ethereum’s 38.3% drops from their highs clearly meet the definition of a bear market.
He accused the network of avoiding the term to appease crypto advertisers.
Tech entrepreneur Adam Barlam pushed …
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