Peter Schiff Says Sell Bitcoin and Buy Gold as BTC Nears $75K

Peter Schiff is again telling investors to leave Bitcoin for gold and silver, even as BTC pushes toward $75,000. That matters because one of crypto’s best-known critics is making a fresh exit case while the market is rising and many traders still look nervous.

Why Schiff’s exact wording matters

The stronger “sell it now” wording in the circulated headline was not confirmed in the primary record. In his verified Feb. 13, 2026 X post, Schiff said Bitcoin near $70,000 was “a good opportunity to sell” and told followers they could buy gold or silver through BitPay at Schiff Gold.

A CCN report on the post said Schiff also steered readers toward using BitPay on his metals site, which makes the message part market call and part product pitch. That payment angle fits the same real-world utility debate behind coinlineup’s recent look at FedNow vs XRP.

Schiff has been making that broader case for months. In a Jan. 1, 2026 SchiffGold recap, he argued that people who chose Bitcoin over gold or silver missed the better trade in 2025, so the new post extends a long-running precious-metals thesis rather than a sudden change in view.

His own post is the key evidence because it shows the verified wording, not the sharper phrasing that circulated elsewhere.

Bitcoin’s rally changes how the comment lands

At the time of research, Bitcoin was trading around $74,451, with a 4.6% 24-hour gain, a $1.49 trillion market cap, and about $55.3 billion in 24-hour volume. Those readings explain why Schiff’s sell call is getting fresh attention now instead of fading as another routine anti-Bitcoin remark.

The market data matters because a $1.49 trillion market cap and $55.3 billion in 24-hour volume point to broad participation, not a sleepy bounce. For readers who have seen earlier fear-driven headlines, that is similar to the way coinlineup’s coverage of Bernstein’s 3-5 year quantum upgrade window separated short-term panic from the bigger trend.

Sentiment still looks defensive. The Fear & Greed Index stood at 21, or Extreme Fear, which means Schiff’s warning is landing in a market that is rising in price without feeling confident.

That split between a 4.6% daily gain and a 21 sentiment score helps explain why the gold-versus-Bitcoin argument keeps resurfacing. Risk-sensitive readers have already seen how quickly confidence can crack elsewhere in crypto, including during the Hyperbridge exploit that minted fake DOT on Ethereum.

What regular holders should watch next

For a normal holder, the practical takeaway is not that Schiff has settled the debate. It is that two different signals are flashing at once: Bitcoin’s market data still shows strength, while the Fear & Greed Index still shows caution.

Gold and silver appeal to investors who want older, physical stores of value. Bitcoin appeals to investors who accept sharper swings in exchange for a digital asset that can still rally even when sentiment is weak, which is exactly what a 4.6% 24-hour gain alongside a 21 fear reading suggests in this case.

That is why Schiff’s call remains controversial inside crypto. If Bitcoin can hold close to current levels while the 21 Fear & Greed reading improves, the post may look more like a contrarian warning than a roadmap; if price slips, his metals-first case will sound more persuasive to cautious investors.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.