Peter Schiff warns Bitcoin’s $2,000 surge before Trump’s SOTU speech may reverse on potential sell-the-news reaction.
Bitcoin rose sharply ahead of President Donald Trump’s State of the Union speech, adding more than $2,000 within hours.
The move drew attention across the crypto market, yet long-time critic Peter Schiff warned that the Bitcoin surge may falter once the speech concludes.
Bitcoin Rally Linked to Trump SOTU Speech Speculation
Bitcoin price climbed as traders positioned ahead of the Trump SOTU speech.
Market participants expected a possible reference to cryptocurrency during the address. This expectation drove short-term buying activity across major exchanges.
Peter Schiff addressed the rally in a post on X. He suggested that speculation, rather than strong demand, fueled the upward move.
He wrote, “Bitcoin spiked. I wonder if Trump crypto bros managed to slip a Bitcoin reference into the SOTU address.”
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
Schiff stated that if Bitcoin is not mentioned, the price could retreat quickly. He also said that even if Trump mentions Bitcoin, traders may still sell.
According to him, investors who bought earlier could “sell the news” after the speech.
Schiff Signals Risk of Post-Speech Pullback
Peter Schiff has often criticized Bitcoin and digital assets. In recent comments, he warned that the current rally may be temporary.
He linked the price action directly to the Trump SOTU speech narrative. He stated, “If Bitcoin isn’t mentioned at all, I expect it to sell off.”
He added that a mention may not prevent a decline. Traders who entered positions early may decide to lock in profits.
The “sell-the-news” pattern has appeared in other markets. Assets sometimes rise before major events and then fall afterward.
Schiff indicated that Bitcoin price could follow a similar path after the speech ends.
Related Reading: Stockbroker Peter Schiff Warns US Economic Crash Risks Rise As Gold Prices Surge
Broader Market Concerns and Investor Caution
Schiff also repeated earlier warnings about a deeper Bitcoin correction.
He previously projected that Bitcoin could fall to $20,000. He urged investors to consider reducing exposure during rallies.
If Bitcoin breaks $50K, which looks likely, it seems highly likely it will at least test $20K. That would be an 84% drop from its ATH. I know Bitcoin has done that before, but never with so much hype, leverage, institutional ownership, and market cap at stake. Sell Bitcoin now!
— Peter Schiff (@PeterSchiff) February 19, 2026
Other financial leaders have voiced caution about broader market risks. Recent reports noted that JPMorgan’s CEO warned of conditions similar to past financial stress periods.
Such statements added to cautious sentiment in risk assets. Bitcoin remains volatile, especially around political and economic events.
Traders continue to monitor Trump’s speech and market reaction. For now, attention stays on whether the Bitcoin rally will hold or reverse after the address.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The U.S.-Iran negotiations have been inconsistent, and Bitcoin and gold both surged and then fell back.
After the Iran–Israel ceasefire, Bitcoin and gold both rose in sync before pulling back. From the perspective of geopolitical chess, we break down the deeper logic behind the price moves and the outlook that follows.
InstantTrends27m ago
A whale opens 20x leverage BTC and ETH short positions, with a position value of about $80 million
Gate News said that on April 9, according to Lookonchain monitoring, a whale address opened 20x leveraged BTC and ETH short positions about 30 minutes ago. Among them, the Bitcoin short position holds 562.58 BTC, and the Ethereum short position holds 18,350 ETH; the total value of the two positions is about $80 million.
GateNews45m ago
Bitcoin Bancorp has launched a licensed Bitcoin ATM deployment in Southern California, with the first batch of machines rolling out in Los Angeles
Bitcoin Bancorp launched a licensed Bitcoin ATM network in Southern California on April 9, with the first batch of machines already installed in Los Angeles, marking a new phase of retail expansion in the United States. The company’s accelerated expansion strategy is significant, and it is expected that the industry’s size will reach $7.68 billion by 2034.
GateNews46m ago
Exodus Movement discloses its digital asset holdings for the end of March, with BTC rising to 628 units
Gate News message: On April 9, the publicly listed self-custody crypto company Exodus Movement in the U.S. stock market released updated data on its digital asset holdings as of March 31. The company’s Bitcoin holdings increased to 628 BTC, a net gain of 18 BTC over the month; Ethereum holdings increased to 1,857 ETH, a net gain of 17 ETH over the month; and Solana holdings increased to 17,541 SOL, a net gain of 1,847 SOL over the month. (Globenewswire)
GateNews47m ago
Independent miners mined Bitcoin block 944,306 with 70 TH/s of hashrate, earning a reward of 3.128 BTC
An independent Bitcoin miner succeeded in mining the 944,306th block at an extremely low probability, earning a reward of 3.128 BTC, highlighting the difficulty and randomness of solo mining.
GateNews56m ago
