---
title: "Gold bull Peter Schiff warns Bitcoin could sink to $75K, Ether to $1,500 amid crypto rout"
description: "Peter Schiff, a prominent gold advocate, has expressed a bearish outlook on cryptocurrencies, predicting Bitcoin could drop to $75,000 and Ethereum to $1,500. This comes after a significant liquidatio"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260792096.md"
published_at: "2025-10-12T14:50:10.000Z"
---

# Gold bull Peter Schiff warns Bitcoin could sink to $75K, Ether to $1,500 amid crypto rout

> Peter Schiff, a prominent gold advocate, has expressed a bearish outlook on cryptocurrencies, predicting Bitcoin could drop to $75,000 and Ethereum to $1,500. This comes after a significant liquidation event in the crypto market, where over $19 billion in leveraged positions were liquidated within 24 hours starting October 10, marking the largest such event to date.

Peter Schiff, long-time gold advocate and crypto skeptic, has reignited bearish sentiment in digital assets with a new forecast predicting steep declines for both Bitcoin and Ethereum. The crypto market saw over $19 billion of leveraged positions liquidated within 24 hours starting Friday, October 10, marking the largest liquidation event in the market. The capitulation \[…\]

### Related Stocks

- [ETHE.US - Grayscale Ethereum Staking ETF](https://longbridge.com/en/quote/ETHE.US.md)
- [GBTC.US - Grayscale Bitcoin Trust BTC - ETF](https://longbridge.com/en/quote/GBTC.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.