27-9-2025 – Economist and crypto skeptic Peter Schiff has highlighted that Bitcoin (BTC) and Ethereum (ETH) are lagging behind precious metals in 2025, according to data shared on X. Platinum leads the metals with a 74% gain this year, followed by silver at 59%, palladium at 44%, and gold at 43%.
In contrast, Ethereum has risen 20% and Bitcoin 16%, reflecting weaker returns amid a volatile market. Schiff pointed out Bitcoin’s “stealth bear market,” noting its price in gold terms has dropped 22% from its August 2025 peak and 20% below its November 2021 high, challenging its “digital gold” narrative.
The disparity underscores a shift in investor preference toward traditional safe-haven assets, fueled by gold’s recent record highs and rising metal prices amid economic uncertainty. Bitcoin, trading near $109,157, and Ethereum, around $3,978, face pressure as precious metals gain traction, a trend Schiff has long advocated.