Economist and cryptocurrency critic Peter Schiff published data on the X platform showing that BTC and ETH have lagged behind major precious metals in year-to-date gains: platinum is up 74%, silver is up 59%, palladium is up 44%, gold is up 43%, Ethereum is up 20%, and Bitcoin is up 16%. Schiff also noted that Bitcoin has been in a long-term "hidden bear market," as its price, measured in gold, is currently 22% below its August 2025 high and 20% below its November 2021 high.