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Economist and gold advocate Peter Schiff has recently predicted a shift in investor focus. Schiff warned that Bitcoin and the wider crypto market may soon face headwinds as gold rises.
In a post on X, Schiff argued that Wall Street’s optimism around crypto has reached unsustainable levels. He suggested that if gold tops $4,000 per ounce, investors may rotate from digital assets to traditional safe-haven investments.
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 Wall Street is so bullish on crypto that it’s hard to imagine it going much higher from here. Instead, it’s very likely that Bitcoin and everything crypto are about to be rugged by gold. As gold tops $4k, it’s likely that Bitcoin will sell off, taking the rest of crypto with it.— Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1975618815758385420?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 7, 2025</a>
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“it’s very likely that Bitcoin and everything crypto are about to be rugged by gold,” Schiff said. He added that a surge in gold prices could trigger a sell-off in Bitcoin and other cryptocurrencies.
Bitcoin recently retraced from <a href="https://www.cryptotimes.io/2025/10/07/eth-price-surges-to-4700-as-bitcoin-hits-new-all-time-high/" target="_blank" rel="noopener noreferrer nofollow">record highs of $126,000</a>, briefly dropping to <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">below</a> $121,800 amid fears of a three-week government shutdown in the United States. Other major cryptocurrencies, including Ethereum, XRP, and Solana, saw losses between 4% and 6%, while BNB managed modest gains.
The total crypto market capitalization dropped to around $4.16 trillion, signaling broad profit-taking after weeks of strong gains, according to <a href="https://coinmarketcap.com/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>.
However, tech entrepreneur Brian Shuster <a href="https://x.com/Brian_Shuster/status/1975619399035068884" target="_blank" rel="noopener noreferrer nofollow">suggested</a> that Bitcoin’s market adoption and growing capitalization could make it more resilient than gold.&nbsp;
Schiff responded that while gold purchases involve fewer investors, the trend could accelerate if prices continue to climb. He emphasized gold as a market hedge against market volatility, despite crypto being more popular with retailers.&nbsp;
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 Also Read: <a href="https://www.cryptotimes.io/2025/10/04/tether-gold-xaut-surpasses-1-billion-market-cap-as-gold-price-rises/" target="_blank" rel="noopener noreferrer nofollow">Tether Gold (XAUt) Surpasses $1 Billion Market Cap as Gold Price Rises</a>
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Peter Schiff Warns Bitcoin Could Drop as Gold Hits $4,000

The Crypto Times

Other articles published on Oct 8, 2025

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