The post U.S. economist warns a Bitcoin crash to $75k ‘is in play’ appeared on BitcoinEthereumNews.com. Economist and well-known cryptocurrency skeptic Peter Schiff has once again expressed a negative outlook on Bitcoin (BTC).  In a social media post on Tuesday, August 26, Schiff warned that the “digital gold” could fall as low as $75,000. The financial commentator further urged investors to exit positions now and re-enter at lower levels, arguing in the comments that “selling now and buying back lower beats just riding it all the way down.” “Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below MSTR’s average cost. Sell now and buy back lower.” — Peter Schiff Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below $MSTR‘s average cost. Sell now and buy back lower. — Peter Schiff (@PeterSchiff) August 26, 2025 Bitcoin slips further The warning comes as Bitcoin slipped below $109,000 on Monday, August 25, marking a 13% decline from its peak less than two weeks ago.  Meanwhile, Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed the purchase of 3,081 BTC, worth nearly $357 million, at an average price of $115,829, bringing its total holdings to about $69.6 billion.  Schiff suggested that Bitcoin’s downturn could soon push prices “just below MSTR’s average cost,” as recent volatility was fueled by a 24,000 BTC whale sale that triggered large liquidations across the market.  “So where is all the selling coming from?” Schiff wrote, questioning Bitcoin’s long-term prospects. Macro factors also remain in play. As Federal Reserve Chair Jerome Powell remarked… The post U.S. economist warns a Bitcoin crash to $75k ‘is in play’ appeared on BitcoinEthereumNews.com. Economist and well-known cryptocurrency skeptic Peter Schiff has once again expressed a negative outlook on Bitcoin (BTC).  In a social media post on Tuesday, August 26, Schiff warned that the “digital gold” could fall as low as $75,000. The financial commentator further urged investors to exit positions now and re-enter at lower levels, arguing in the comments that “selling now and buying back lower beats just riding it all the way down.” “Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below MSTR’s average cost. Sell now and buy back lower.” — Peter Schiff Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below $MSTR‘s average cost. Sell now and buy back lower. — Peter Schiff (@PeterSchiff) August 26, 2025 Bitcoin slips further The warning comes as Bitcoin slipped below $109,000 on Monday, August 25, marking a 13% decline from its peak less than two weeks ago.  Meanwhile, Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed the purchase of 3,081 BTC, worth nearly $357 million, at an average price of $115,829, bringing its total holdings to about $69.6 billion.  Schiff suggested that Bitcoin’s downturn could soon push prices “just below MSTR’s average cost,” as recent volatility was fueled by a 24,000 BTC whale sale that triggered large liquidations across the market.  “So where is all the selling coming from?” Schiff wrote, questioning Bitcoin’s long-term prospects. Macro factors also remain in play. As Federal Reserve Chair Jerome Powell remarked…

U.S. economist warns a Bitcoin crash to $75k ‘is in play’

1 min read

Economist and well-known cryptocurrency skeptic Peter Schiff has once again expressed a negative outlook on Bitcoin (BTC). 

In a social media post on Tuesday, August 26, Schiff warned that the “digital gold” could fall as low as $75,000.

The financial commentator further urged investors to exit positions now and re-enter at lower levels, arguing in the comments that “selling now and buying back lower beats just riding it all the way down.”

Bitcoin slips further

The warning comes as Bitcoin slipped below $109,000 on Monday, August 25, marking a 13% decline from its peak less than two weeks ago. 

Meanwhile, Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed the purchase of 3,081 BTC, worth nearly $357 million, at an average price of $115,829, bringing its total holdings to about $69.6 billion. 

Schiff suggested that Bitcoin’s downturn could soon push prices “just below MSTR’s average cost,” as recent volatility was fueled by a 24,000 BTC whale sale that triggered large liquidations across the market. 

Macro factors also remain in play. As Federal Reserve Chair Jerome Powell remarked during his Jackson Hole speech, labor market risks briefly lifted BTC by 4%, though the momentum quickly faded.

Featured image via Shutterstock

Source: https://finbold.com/u-s-economist-warns-a-bitcoin-crash-to-75k-is-in-play/

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$73,398.14
$73,398.14$73,398.14
-0.97%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

The tension in UBS’s latest strategy update is not between profit and innovation, but between speed and control. On February 4, 2026, as the bank reported a record
Share
Ethnews2026/02/05 04:56
Ondo Finance launches USDY yieldcoin on Stellar network

Ondo Finance launches USDY yieldcoin on Stellar network

The post Ondo Finance launches USDY yieldcoin on Stellar network appeared on BitcoinEthereumNews.com. Key Takeaways Ondo Finance has launched its USDY yieldcoin on the Stellar blockchain network. USDY is Ondo’s flagship yieldcoin focused on real-world asset expansion. Ondo Finance launched its USDY yieldcoin on the Stellar blockchain network today. USDY is described as Ondo’s flagship yieldcoin and represents the company’s expansion of real-world assets onto the Stellar platform. The launch aims to provide yield access across global economies through Stellar’s international network infrastructure. The deployment connects traditional finance with blockchain-based solutions by bringing real-world asset exposure to Stellar’s ecosystem. Ondo Finance positions the move as part of efforts to broaden access to yield-generating opportunities worldwide. Source: https://cryptobriefing.com/ondo-finance-usdy-yieldcoin-stellar-launch/
Share
BitcoinEthereumNews2025/09/18 03:58
BDACS unveils KRW-backed stablecoin KRW1 on Avalanche

BDACS unveils KRW-backed stablecoin KRW1 on Avalanche

The post BDACS unveils KRW-backed stablecoin KRW1 on Avalanche appeared on BitcoinEthereumNews.com. Key Takeaways BDACS has launched KRW1, the first Korean won-backed stablecoin on the Avalanche blockchain. KRW1 is fully backed by Korean won reserves held at Woori Bank. South Korea’s BDACS launched KRW1, the first Korean won-backed stablecoin on the Avalanche blockchain. The digital asset is fully collateralized with Korean won held at Woori Bank. The launch follows successful proof of concept validation, marking one of the first stablecoins pegged to South Korea’s national currency to operate on a major blockchain network. Source: https://cryptobriefing.com/bdacs-krw1-stablecoin-avalanche-launch/
Share
BitcoinEthereumNews2025/09/18 11:55