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COINOTAG News reported on September 25 that economist and cryptocurrency critic Peter Schiff posted on social media asserting that Ethereum had declined below $4,000. In his message, Schiff characterized the move as a 20% drop in ETH from its August all‑time high and described the token as having entered a bear market.
According to the COINOTAG summary, Schiff added that the weakness occurred “despite significant buying by Ethereum treasury companies” and suggested Bitcoin might be similarly affected. The coverage reflects Schiff’s viewpoint; market participants should verify prices using official exchange feeds and regulatory disclosures before making investment decisions.
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