Peter Schiff flags possible Bitcoin pullback as silver jumps above $79 to record high

On December 28, 2025, Bitcoin critic and gold advocate Peter Schiff warned that BTC could move in the opposite direction of silver after the metal's price spiked. Silver climbed from about $78 to over $79 per ounce in roughly ninety minutes, marking a new all-time high and more than 10% gain in a short window. With Bitcoin hovering near $87,000 and major cryptocurrencies posting only modest daily gains, Schiff argued that market corrections can accelerate quickly under stress.