Peter Schiff Warns Trump Comment Could Trigger Bitcoin Selloff

Longtime Bitcoin critic Peter Schiff sparked fresh debate. After claiming a single social media post from Donald Trump could crash Bitcoin. The veteran gold advocate shared the view on X on February 25. He argues the crypto market still runs heavily on sentiment. 

Imagine what would happen to Bitcoin if Trump posted the following on Truth Social. "I guess that jerk stock broker Peter Schiff was right. Bitcoin is a Ponzi."

— Peter Schiff (@PeterSchiff) February 25, 2026

Schiff suggested that if Trump publicly called Bitcoin a “Ponzi,” the reaction could be severe. His remarks quickly circulated across crypto communities. It is reopening the long running clash between Bitcoin supporters and traditional gold proponents.

Peter Schiff’s Hypothetical Scenario

In his post, Peter Schiff asked followers to imagine Trump writing on Truth Social that Bitcoin is a Ponzi scheme. He implied such a message could trigger a sharp selloff. Schiff has repeatedly described Bitcoin as fragile and bubble-like. He added, this time he doubled down on that stance.

Bitcoin spiked. I wonder if Trump crypto bros managed to slip a Bitcoin reference into the SOTU address. If Bitcoin isn’t mentioned at all, I expect it to sell off. If it is mentioned, it's still likely to sell off as Trump insiders who bought ahead of the speech sell the news.

— Peter Schiff (@PeterSchiff) February 25, 2026

In follow-up comments, he stressed that markets driven by hype can reverse quickly. According to Schiff, Bitcoin’s heavy reliance on sentiment makes it vulnerable to high-profile criticism. His broader argument remains unchanged. He believes many investors treat Bitcoin as “digital gold” without fully understanding the risks. Schiff has long warned that negative narratives from influential figures could expose what he sees as structural weakness.

Timing and Broader Context

The comments arrived during a period of heightened attention around Donald Trump and crypto policy. Recently, speculation has grown about how political messaging could affect digital asset markets. Bitcoin has traded mostly in the mid $60K range in recent weeks. That shows volatility but also resilience.

Importantly, the current environment looks different from earlier crypto cycles. Institutional adoption has increased and U.S. policy signals in 2025. Including the Strategic Bitcoin Reserve order that helped stabilize sentiment. Because of this, some analysts argue the market is less fragile than before. Still, Peter Schiff continues to predict major downside moves. He has issued similar warnings many times over the past few years.

Community and Market Reactions

Online reactions were sharply divided. Many crypto users dismissed Peter Schiff’s comments as outdated fear, uncertainty and doubt. Some replies mocked the idea that one social post could “kill” Bitcoin in 2026. Others pointed out that Bitcoin has survived numerous high profile criticisms in the past.

But a smaller group agreed that sentiment still plays a role in short term price swings. They noted that crypto markets can react quickly to political headlines. Even if the effects don’t last long. So far, the discussion has remained mostly within crypto circles and social media threads. Rather than major mainstream coverage.

What This Says About Bitcoin Sentiment

The exchange highlights a deeper debate that refuses to fade. Critics like Peter Schiff still view Bitcoin as largely speculative and narrative driven. Supporters, meanwhile, argue the asset has matured into a globally recognized store of value with growing institutional backing.

In reality, both forces may be at work. Political comments can still move prices in the short term. But Bitcoin’s expanding adoption base suggests a single post is unlikely to cause lasting damage. Whether Peter Schiff’s warning proves meaningful or not. The episode shows that crypto sentiment remains highly sensitive to influential voices.