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Schiff Says Bitcoin Could Log Its First Back-to-Back Annual Losses
Schiff put Bitcoin’s 2026 decline at 16.5%, following a 6.34% loss in 2025.

Economist Peter Schiff said Bitcoin (BTC) could post its first two consecutive calendar-year losses if it ends 2026 lower, after declines he put at 6.34% in 2025 and 16.5% so far this year.
Schiff said Bitcoin had never recorded back-to-back down years in its 18-year history. The 16.5% figure was the decline he cited when he posted.
At 11:19 a.m. ET (16:19 UTC) Nov. 10, Bitcoin was quoted at $73,399, down 2.20% over the preceding 24 hours. That shorter-term move is separate from the annual returns Schiff discussed.
Bitcoin’s 2026 calendar-year result will be determined by its year-end level.