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Next crash to start in bond market, not Bitcoin, warns Peter Schiff.

Market News
12 Jul 2026
BeInCrypto
View Source
Bearish
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Peter Schiff warns the next major market crash will begin with a breakdown in the U.S. Treasury bond market, driven by rising yields that increase borrowing costs. He argues this will pressure stocks, deepen the housing slump, and slow economic growth, potentially forcing the Federal Reserve to intervene with more money printing and inflation. Schiff expects gold to outperform as investors flee risk assets, while Bitcoin will fall alongside stocks, not acting as a safe haven. His view challenges Wall Street optimism on Bitcoin and highlights the risks tied to rising Treasury yields in the coming weeks.

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