Bitcoin (BTC) Price Soars After Trump’s Speech, Peter Schiff Warns of Potential Crash

Updated
February 26, 2026
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Jakarta, Pintu News – The price of Bitcoin (BTC) is back in the spotlight after surging to $65,082 on Wednesday, recording a 3% increase in the last 24 hours. This surge came amid President Donald Trump’s State of the Union (SOTU) speech which did not mention crypto or Bitcoin (BTC) at all.

The absence of crypto topics in the speech sparked debate among investors and market watchers as to the direction in which Bitcoin (BTC) would move next. Amidst the market euphoria, a warning from controversial figure Peter Schiff highlighted the potential for a sharp correction in the digital asset.

Schiff: Bitcoin (BTC) Could Correct Sharply, Gold Remains Top Choice

Peter Schiff, a known vocal gold supporter, has again sharply criticized Bitcoin (BTC) on platform X. According to Schiff, the surge in Bitcoin (BTC) price ahead of Trump’s speech could potentially be followed by a sell-off, either due to disappointment if not mentioned, or profit-taking if mentioned.

Schiff emphasized that investors should still choose gold as their primary hedging asset, not Bitcoin (BTC), which is often referred to as “digital gold”. He also accused Bitcoin (BTC) promoters of deliberately diverting potential gold buyers to crypto assets for their own interests.

Schiff even warned of the risk of Bitcoin’s (BTC) price dropping to $20,000, far below the current price. He noted that crypto market euphoria is often not supported by strong fundamentals, making it vulnerable to sudden corrections.

According to him, the “digital gold” narrative is just a misleading marketing strategy that could potentially harm novice investors. Schiff remains consistent in his stance that physical gold is far safer and more stable than cryptocurrencies like Bitcoin (BTC).

Also read: These 3 Crypto Prices Skyrocket, Start of 2026 Bull Run?

Bitcoin (BTC) Market Drivers Beyond Trump’s Speech

On the other hand, a number of market participants consider that Bitcoin (BTC) price movements are more influenced by liquidity factors and fund flows from Exchange-Traded Funds (ETFs) than political speeches.

A trader revealed that more than 25,000 Bitcoins (BTC) have been redeemed from ETFs, putting pressure on prices due to sell-offs by fund managers to meet redemption demands. This phenomenon shows that the dynamics of the crypto market are heavily influenced by the supply and demand mechanism in ETFs, not just political sentiment.

In addition, other market watchers highlighted that while political narratives and issues may trigger short-term volatility, the long-term trend is determined by liquidity and investor positioning.

Sharp price fluctuations can occur both before and after major events, regardless of the content of the speech or policy announced. This confirms that the crypto market is highly sensitive to changes in capital flows and global investor sentiment. Therefore, market participants are advised to pay more attention to fundamental data rather than simply following the rumor mill.

Also read: XRP Ready to Break $2? On-Chain Data Reveals Whale’s Borongan Action!

Post SOTU Analysis: Bitcoin (BTC) still vulnerable, ETFs and liquidity key

In this SOTU speech, Trump mostly highlighted domestic and economic issues without discussing crypto at all. However, the 3% spike in Bitcoin (BTC) price during the speech was more due to increased risk appetite and investor positioning ahead of Nvidia’s earnings report, rather than any direct influence from Trump’s speech. This was emphasized by analysts such as Derek Lim of Caladan, a leading crypto market maker.

Technically, Bitcoin (BTC) did manage to cut some of its weekly losses, but it still recorded a 4% drop in the week and a 26% drop in the past month. The post SOTU bounce was only able to narrow the losses, not erase the selling pressure that occurred earlier.

Analysts think that ETF fund flows, global liquidity conditions, and the position of institutional investors will be the main determinants of Bitcoin (BTC) price direction in the coming weeks. With volatility still high, caution remains key for market participants.

Conclusion

Bitcoin’s (BTC) price movements after Trump’s speech show that political sentiment only has a short-term impact on the crypto market. The main factors influencing the price remain ETF fund flows, liquidity, and large investor positions.

Peter Schiff’s warning about a potential crash to $20,000 is a reminder that volatility in the crypto market is still very high. Going forward, market participants need to be more careful in reading fundamental data and global trends so as not to get caught up in momentary euphoria.

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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

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