Peter Schiff Predicts Stock Market Crash — How Will Bitcoin Be Affected?

Jakarta, Pintu News –Renowned economist and gold advocate, Peter Schiff, gave investors a stern warning about the potential for a major US economic crash.

According to him, a sharp fall in the US dollar, stocks, and US government bonds (Treasuries) could occur, triggered by the re-imposition of high “reciprocal” tariffs in trade.

This begs the question, will Bitcoin (BTC) and other cryptocurrencies also be affected?

A warning from Peter Schiff

Schiff predicts that there will be massive selling in the US dollar, Treasuries, and stocks when investors realize that “reciprocal” tariffs will be reintroduced.

While these rates may not be as high as when they were first imposed, they will be much higher than what current buyers of stocks and bonds expect.

Schiff emphasized that many investors underestimated the economic impact that would occur. In a post on X, Schiff stated that stock buyers who expected prices to rise again may be in for a surprise.

This warning raises concerns that if the stock market crashes again, Bitcoin (BTC) and other cryptocurrencies may also suffer.

Also read: AI Allegedly Breaks Bitcoin Private Keys, What Happens?

Bitcoin and its Relationship with the Stock Market

During the COVID-19 market crash in March 2020, Bitcoin (BTC) and Ethereum (ETH) both experienced declines of nearly 46% to 47%, similar to major stock indices. This surprised many people who thought Bitcoin (BTC) would act as a “safe haven” during economic turmoil, similar to gold.

However, data shows that crypto prices are falling as hard and fast as stocks. Some investors hope that if the stock market crashes, people might move their money into crypto.

However, experts believe that crypto is still considered a high-risk investment, especially in uncertain economic times. Most traders tend to withdraw money from risky assets during a crash, not add to the investment.

Read also: Pi Network Approaches 10,000 Applications: Limitless Innovation in the Crypto World!

Another View from Robert Kiyosaki

In contrast to Schiff, financial author Robert Kiyosaki has a very different view. He recently posted on X that he hopes Bitcoin (BTC) falls because he wants to buy more.

Kiyosaki believes that Bitcoin (BTC) will eventually reach $1 million per coin and says he is willing to take the risk, even if it means becoming a “victim”. Experts advise not to panic during market downturns. If one owns a crypto like Bitcoin (BTC), it is better to hold than to sell out of fear. Only invest with money that can be risked.

Conclusion

With Peter Schiff’s warning and Robert Kiyosaki’s divergent views, financial markets seem to be facing a period of uncertainty. Investors are advised to be cautious and consider all possibilities before making investment decisions, especially in high-risk assets such as stocks and cryptocurrencies.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Peter Schiff Warns of Stock Market Crash, Bitcoin at Risk. Accessed on July 7, 2025
• Featured Image: Bitcoin News