Based on reports, Trump told followers on X that now is the time to scoop up coins. He first made a similar call back in February. Since then, Bitcoin jumped by 14% and Ethereum climbed by 18%. He sees the latest dip as another chance to grab bargains.
Let me say it again:
The swings have been steep. Bitcoin slipped under $113,000, hitting an intraday low of $112,820. Ethereum fell by nearly 5% and sits around $3,465. Other tokens fell too, with XRP and SOL each down over 5%. Short-term traders have felt the pinch.
Market watchers say one-day figures can mislead. ETF flows swing in and out all the time. What matters more is net movement over weeks or months. Still, seeing nearly $1 billion head for the exit door shakes nerves.
Long-run holders of Bitcoin view dips as normal. They expect prices to bounce back after short swings. New investors, though, might be nervous when they see big names selling or funds pulling out.
Featured image from Pexels, chart from TradingView
