Peter Schiff Claims Bitcoin's Rebound Is a 'Dead Cat Bounce' as Gold Reaches New All-Time High
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: benzinga_crypto
Updated: Oct 13 2025Peter Schiff's Critique of Bitcoin: Economist Peter Schiff labeled Bitcoin's recent price recovery as a "dead cat bounce," criticizing its volatility and advocating for more stable investments like gold and silver, which are performing well.
Market Reactions and Influences: Schiff linked Bitcoin's decline to President Trump's tariff announcements regarding China, while noting that Trump's subsequent comments helped stabilize market sentiment. He also suggested that Trump's allies may have manipulated their positions in the crypto market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
