Peter Schiff warns of a crypto black Monday ahead.

Peter Schiff, the veteran gold advocate and long-standing crypto skeptic, is urging investors to brace for a sharp market downturn he's calling a "crypto black Monday." Schiff has repeatedly predicted catastrophic declines for Bitcoin and the broader digital asset market, and this latest warning follows a period of elevated macro uncertainty and risk-off sentiment across global markets.

Schiff's calls have historically not materialized on the timelines he projects, but his warnings tend to surface at moments of genuine market stress — and his reach on social media means the sentiment can amplify fear among retail holders. Investors tracking crypto should weigh the warning against on-chain data and institutional flow signals rather than reacting to the headline alone.