Peter Schiff claims that a post by Trump could cause a major collapse of Bitcoin.
Gold supporters believe that the price of Bitcoin heavily depends on the political situation.
These comments come at a time when the price of Bitcoin is recovering to reach $66,300 ahead of Trump's State of the Union address.
Critics dismiss Schiff's claim about "Ponzi" as an outdated assertion, citing institutional adoption.
Veteran critic of $BTC , Peter Schiff, sparked new controversy after stating that a single social media post from Donald Trump could cause Bitcoin to collapse. The well-known advocate for gold expressed this opinion on platform X on February 25. He believes that the cryptocurrency market still relies heavily on market sentiment.
Schiff noted that if Trump publicly described Bitcoin as a 'Ponzi scheme,' the reaction could be sharp. His comments quickly spread within the crypto community, reigniting the ongoing confrontation between Bitcoin supporters and traditional gold advocates.
A hypothetical scenario proposed by Peter Schiff
In his post, Peter Schiff urged his followers to imagine that Trump wrote on Truth Social that Bitcoin is a Ponzi scheme. He hinted that such a message could lead to a sharp sell-off. Schiff has repeatedly described Bitcoin as fragile and closer to a bubble. This time, he reaffirmed his stance on this position.
In subsequent comments, he emphasized that hype-driven markets can turn quickly. According to Schiff, Bitcoin's heavy reliance on sentiment makes it susceptible to criticism from influential figures. His overall stance has not changed. He sees that many investors treat Bitcoin as 'digital gold' without fully understanding the risks. He has repeatedly warned that negative narratives from prominent figures could expose what he considers structural weaknesses.
Timing and the broader context
These statements came at a time when interest in Donald Trump's role in crypto policies is increasing. Recently, speculation has risen about the impact of political messaging in digital asset markets. $BTC has traded mostly within the mid $60,000 range in recent weeks. This reflects volatility but also shows some resilience.
It is important to note that the current environment is different from previous crypto market cycles. The level of institutional adoption has risen, along with U.S. political signals in 2025, including the 'strategic Bitcoin reserve' order that contributed to stabilizing market sentiment. Therefore, some analysts see the market as less fragile than it was before. However, Peter Schiff continues to warn of significant downward movements, having repeated similar warnings several times over the past years.
Community and market reactions
Reactions online were sharply divided. Many crypto users considered Peter Schiff's statements merely fear, uncertainty, and doubt. Some mocked the idea that a single post could 'kill' Bitcoin in 2026. Others pointed out that Bitcoin has previously survived sharp criticisms from prominent figures.
In contrast, a smaller group agreed that sentiment still plays a role in short-term price movements. They pointed out that crypto markets may react quickly to political headlines, even if the effects do not last long. So far, the debate has largely remained within crypto circles and discussion threads on social media, without broad coverage in mainstream media.
What does this reveal about Bitcoin sentiment
This controversy highlights a deeper debate that has not faded. Critics like Peter Schiff still see that $BTC is a speculative asset driven by narratives. In contrast, supporters argue that the asset has evolved into a globally recognized store of value with increasing institutional backing.
In reality, both forces may be present together. Political statements can still move prices in the short term. But the widening adoption base suggests that a single post is unlikely to cause lasting damage. Whether Peter Schiff's warnings prove true or not, this incident reinforces that crypto market sentiment remains highly sensitive to influential voices.
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