Investment
Features
FeesSafety
Academy
More
Pluang+

Peter Schiff advises selling Bitcoin and buying gold amid rising inflation and bond yields.

Market News
15 Oct 2026
Tokenpost
View Source
Bearish
Peter Schiff advises selling Bitcoin and buying gold amid rising inflation and bond yields.

Economist Peter Schiff urged Bitcoin holders to sell their BTC and buy gold as inflation accelerated in September, with the Consumer Price Index rising 0.6% month-over-month and 3.7% year-over-year. Gasoline prices, which rose 9.1%, contributed significantly to the inflation increase. Schiff linked his advice to rising 10-year Treasury yields, which increased from 4.79% to 5.19% in early October, and his expectations about the upcoming November 3 congressional elections. While Schiff did not provide a specific timeline or price target for Bitcoin's decline, his call reflects concerns about market stability amid economic and political uncertainty.

Bitcoin is trading at Rp1.440.036.576 on Pluang as of Oct 15, 2026 21:02 WIB, showing a 1-day decline of 2.30%. The platform's market cap for Bitcoin stands at Rp28.920,2 trillion, with a 24-hour trading volume of Rp717,35 trillion. Despite Peter Schiff's call to sell, Pluang users are almost evenly split in order activity, with 49% selling and 51% buying, holding their Bitcoin for an average of 111 days.

More News (BTC)

HBAR trades near $0.08, with recovery to $0.131 dependent on Bitcoin regaining strength.

HBAR trades near $0.08, with recovery to $0.131 dependent on Bitcoin regaining strength.

Hedera (HBAR) was trading around $0.08 on October 15, down from its late-September high of $0.131. The token had previously climbed 74.65% from mid to late September. A return to the $0.131 level is possible but depends on Bitcoin regaining strength ...

Market News
Neutral
4 hours ago
Bitcoin dips below $81K as trading volume surges and selling pressure rises amid neutral sentiment.

Bitcoin dips below $81K as trading volume surges and selling pressure rises amid neutral sentiment.

Bitcoin's price fell below $81,000 amid a sharp increase in trading volume, signaling intensified selling pressure despite some dip buying. Investor sentiment turned neutral, with the Fear & Greed Index dropping to 53, reflecting weakened optimism. E...

Market News
Neutral
4 hours ago
Zcash (ZEC) drops 15% amid crypto market pullback and higher U.S. inflation, trading below $1,100.

Zcash (ZEC) drops 15% amid crypto market pullback and higher U.S. inflation, trading below $1,100.

Zcash (ZEC) experienced a significant decline of about 15%, falling below $1,100 and reducing its market capitalization to nearly $18.3 billion. This drop occurred alongside a broader cryptocurrency market pullback and a higher-than-expected U.S. inf...

Market News
Bearish
4 hours ago
Bitcoin Q3 price rises 43% despite $21M in transaction fees showing weaker on-chain demand.

Bitcoin Q3 price rises 43% despite $21M in transaction fees showing weaker on-chain demand.

Bitcoin's price rose over 43% in Q3 2026, closing at around $80,984, despite users paying nearly $21 million in transaction fees. Although the total fees in dollar terms increased, the actual amount of BTC paid to miners declined, indicating weaker o...

Protocol Fundamentals
Neutral
5 hours ago
Bitcoin may dip to $74,600 after completing a wave, but medium-term outlook stays positive.

Bitcoin may dip to $74,600 after completing a wave, but medium-term outlook stays positive.

Bitcoin (BTC) is expected to correct down to around $74,600 following the completion of its fifth wave in an initial upward advance. This correction aligns with a 0.382 Fibonacci retracement level. Despite falling below its 21-period EMA, BTC is find...

Technical Signals
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App