Peter Schiff’s Criticism May Pressure Ethereum After Trump Tariff Announcement Sparks Crypto Sell-Off

• Schiff says Ethereum is weaker than Bitcoin and risks a deep pullback.

• Community figures, including Charles Hoskinson, publicly rebuked Schiff’s comments.

• Ether fell ~12.8% in 24 hours and Bitcoin fell ~8.1% amid tariff-driven market stress (source: CoinMarketCap).

Peter Schiff Ethereum: Schiff warns Ether could tumble below $3,350 after market shock; read the full reaction and market context — latest analysis and next steps.

What did Peter Schiff say about Ethereum?

Peter Schiff Ethereum critics note he labeled Ether “worse” than Bitcoin, arguing Ether’s drawdown is deeper and warning a break under $3,350 could trigger a move toward $1,500. He posted these views on X (formerly Twitter), framing them as a sell warning amid recent volatility.

How did the crypto community respond to Schiff’s comments?

The crypto community reacted sharply. Prominent accounts and project leaders challenged Schiff’s track record and analysis. Cardano founder Charles Hoskinson told Schiff to “shut up and go home,” while others cited his long history of missed crypto predictions when countering his warnings.

Why did markets fall at the same time?

Price action showed a coordinated sell-off after the announcement of a 100% tariff on imports from China, slated to begin on November 1, 2025. That policy announcement unsettled markets, amplifying liquidations across digital assets and contributing materially to the Ether and Bitcoin declines reported by CoinMarketCap.

What did the price data show at press time?

According to CoinMarketCap, Ether traded near $3,768.62 after a 12.82% 24-hour drop. Bitcoin slid approximately 8.14% to $111,494.32 over the same period. These figures reflect intraday volatility and do not constitute investment advice.

Community reaction and expert quotes

Public responses emphasized Schiff’s long-standing skepticism of crypto. One X user wrote that Schiff had been wrong for 15 years and predicted a rebound; Cardano founder Charles Hoskinson directly rebuked him, commenting, “Dude, just shut up and go home. You’re drunk and you lost.”

Such responses illustrate how on-chain commentary and off-chain debate often collide during volatile sessions.

How should investors read these signals?

Short-term price moves frequently reflect macro shocks and liquidity events more than one commentator’s opinion. Use verified price sources (e.g., CoinMarketCap) and on-chain metrics before altering allocations. Maintain clear risk controls and verify claims against market data.

Key Takeaways

• Schiff’s claim: He stated Ether looks weaker than Bitcoin and warned of a potential breakdown under $3,350.
• Market context: A 100% tariff announcement on Chinese imports intensified sell pressure and liquidations.
• Community response: Prominent figures, including Charles Hoskinson, publicly dismissed Schiff’s warnings.
• Actionable insight: Verify market data, review commentator track records, and use risk management before responding.

Frequently Asked Questions

Is Schiff predicting Ether will go to $1,500?

Schiff suggested a move to $1,500 is possible if key support breaks; this is a conditional risk scenario, not a guaranteed outcome. Monitor on-chain and price-support levels for confirmation.

Should I sell based on social-media posts?

Decisions based solely on social posts are risky. Cross-check prices, volatility indicators, and macro news before trading. Use position sizing and stop-loss rules to manage risk.

Where can I find the price data cited?

Price figures in this article reference CoinMarketCap as the data source (plain text reference). Verify current prices on your preferred market aggregator.

Conclusion

Peter Schiff’s latest critique of Ethereum intensified debate but arrived alongside a tariff-driven market shock that materially affected prices. Investors should separate commentary from macro drivers, confirm data with trusted aggregators, and maintain disciplined risk controls as digital markets absorb new policy shocks.

Publication: COINOTAG — Published: 2025-10-11 | Updated: 2025-10-11