Peter Schiff called Bitcoin's recent dip a "modern-day tulip bubble" and accused CNBC of routinely giving bullish coverage as BTC falls, intensifying his long-standing criticism. His comments on Nov. 17, 2025 highlight the continuing media and market debate over crypto's fundamentals.
Bitcoin slid on growing investor anxiety that an enormous surge of capital into AI — highlighted by Sam Altman's $1.4 trillion over eight years figure — could spark a speculative bubble and drain risk appetite from crypto markets.