Yesterday, Ether (ETH) fell below the important support level of $4,000. Gold bull Peter Schiff posted on X, pointing out that although Ethereum reserve strategy companies are still buying heavily, Ether has dropped more than 20% from its historical high in August, officially entering a Bear Market. Meanwhile, gold and silver are reaching new highs, and Bitcoin priced in gold has entered a Bear Market. Schiff believes that Crypto Assets will enter an ice age and encourages everyone to embrace gold.
We are not about to enter another crypto winter, as that implies another spring will soon follow. Get ready for a crypto ice age. Got gold?
— Peter Schiff (@PeterSchiff) September 25, 2025
ETH falls below 4,000 officially entering a Bear Market, BTC next?
Yesterday, Ether fell below the important support level of $4,000. Gold bull Peter Schiff posted on X, pointing out that although Ethereum reserve strategy companies are still buying in large quantities, Ether has already dropped more than 20% from its historical high in August, officially entering a Bear Market. Bitcoin will be next!
Gold and silver have reached new highs, and Bitcoin priced in gold has entered a Bear Market.
Peter Schiff, who has always advised everyone to take long positions in gold and silver, is once again boasting about his accurate judgment, as gold and silver have experienced a strong rebound after a short-term pullback.
Spot Gold (XAU) briefly approached the historical peak price of $3,800 this week, up 42% year-to-date. Meanwhile, Silver (XAG) also reached a historical high of $45, with a year-to-date increase of 31%.
( Gold and silver set new historical highs again, Peter Schiff: Bitcoin is relatively lacking )
Schiff claims that Bitcoin has not lived up to people's expectations. Bitcoin priced in gold has currently fallen 20% from its August high. In other words, Bitcoin is in a Bear Market. Since Bitcoin is promoted as digital gold, the decline in Bitcoin compared to the dollar is less significant than the 20% drop in Bitcoin against gold prices.
He stated directly:
We will not enter another Bear Market for Crypto Assets, as this means another spring is about to come. Get ready for the Ice Age of Crypto Assets! Do you have gold in hand?
This article Peter Schiff: Bitcoin priced in gold has entered a Bear Market, and the Ice Age of Crypto Assets is coming! Originally appeared in Chain News ABMedia.
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