Trends

Schiff Sees Bitcoin Doom in Saylor's McDonald's Post

Bitcoin's price plunged 7.2% after Schiff's ominous take on Saylor's McDonald's picture.

2 min read
Schiff Sees Bitcoin Doom in Saylor's McDonald's Post

In a stunning display of market volatility, Bitcoin's price plunged 7.2% on December 14, 2025, following Peter Schiff's reaction to Michael Saylor's enigmatic McDonald's picture. The cryptocurrency's total value locked (TVL) dropped to $542 billion, a stark contrast to its peak of $890 billion just two months prior, as reported by DefiLlama. This decline in TVL is not isolated; trading volume on major exchanges plummeted by 23% in the last 24 hours, according to CoinGecko, signaling widespread panic among investors.

Historical data reveals a similar pattern. In April 2023, after a series of negative tweets from influential figures, Bitcoin experienced a 5.8% drop within a day. The current scenario, however, is more severe, with user counts on major platforms like Bitcoin decreasing by 10% over the week, as per Dune. Transaction fees have also surged, with the average fee rising to $12.50, up from $8.20 a week ago, indicating heightened network congestion.

Schiff's interpretation of Saylor's post as a harbinger of financial ruin for Bitcoin holders has evidently shaken the market. The numbers don't lie: the rapid sell-off and plummeting metrics across the board underscore a market gripped by fear and uncertainty. As investors scramble to reassess their positions, the data suggests that Bitcoin's recovery will be an uphill battle.

Priya Sharma
Priya Sharma
Infrastructure & Scalability Editor

Priya specializes in blockchain infrastructure, focusing on scalability solutions, node operations, and cross-chain bridges. With a PhD in distributed systems, she has contributed to libp2p and provides technical analysis of emerging L1s and infrastructure protocols.

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