‘Sell Ethereum, Buy Bitcoin’ Peter Schiff Says

The post ‘Sell Ethereum, Buy Bitcoin’ Peter Schiff Says appeared first on Coinpedia Fintech News Ethereum, the second-largest cryptocurrency , has been gaining ground lately, trading close to $3,800, its highest level in months.

But well-known gold advocate and crypto critic Peter Schiff believes this is the perfect time for holders to exit.

In his latest post on X, Schiff suggested that Ethereum is nearing the top of its trading range and that it might be better to sell it now and use the funds to buy Bitcoin instead.

Even though Schiff isn’t a fan of either crypto, he sees Bitcoin as the stronger option for the moment.

Ether is back near the upper end of its trading range again.

If you own any, this is a great time to sell.

As much as it pains me to say, selling Ether and buying Bitcoin with the proceeds is a better trade than holding Ether. — Peter Schiff (@PeterSchiff) July 21, 2025 Ethereum Price Rally Draws Mixed Reactions The rise in Ethereum’s price is partly due to growing demand from institutions and excitement around Ethereum spot ETFs .

In recent weeks, several companies, including BitMine and SharpLink, have added substantial amounts of ETH to their reserves, with some also staking it to earn rewards.

Meanwhile, ETH received a major boost during the crypto week, and the passage of three major crypto bills created a strong foundation for the ETH rally.

It's not as far as I'm concerned.

I'm just looking at the charts.

But I think based on the way the tokens are hyped, Ether has more acknowledged competition for the narrative of its use case. — Peter Schiff (@PeterSchiff) July 21, 2025 However, Schiff’s warning has stirred debate among analysts and investors.

Many are questioning whether Ethereum’s rally has gone too far too fast.

Schiff pointed out that ETH has struggled to outperform Bitcoin lately and that the recent gains may not be sustainable.

He said the smarter trade right now could be switching to Bitcoin, especially if Ethereum hits resistance again.

Market Pushback on Schiff’s View Schiff’s comment sparked reactions across the crypto space.

Some argued that Ethereum’s long-term use cases, such as smart contracts and staking, still give it strong upside potential.

SharpLink Gaming even responded directly, saying they plan to stake their ETH rather than sell it.

Analyst Benjamin Cowen also suggested that the ETH to BTC price ratio had already bottomed before Schiff made his call, meaning the timing might not be ideal.

You had 4 years to say that ETH/BTC would bleed and you finally say it after the bleeding is over. pic.twitter.com/DQQ5HJaidu — Benjamin Cowen (@intocryptoverse) July 21, 2025 People on X even mocked him for giving the same advice for Bitcoin previously.

Is this you sir? Cringe pic.twitter.com/NvZb7mYt3V — WIZZ ( beware scammers ) (@CryptoWizardd) July 21, 2025 What investors should watch Right now, Ethereum is showing strong momentum , but Schiff’s warning is a reminder that price swings can come fast.

Traders should watch whether ETH continues to push higher or if resistance near current levels sends it lower.

If momentum slows, Schiff’s idea of rotating into Bitcoin could gain more support.

Either way, the market is clearly at a key turning point, and how Ethereum performs next will likely set the tone for altcoins in the coming weeks. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = "6"; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var templateId = '6'; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById('subscribe-modal-design'); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world.

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