American crypto investors got a dose of optimism this week when Eric Trump got into battle. He penetrated it with holders Bitcoin and Ethereum To see the recent price fall as a chance of buying. The prizes took a tumbling at the beginning of August and his phone call came well when markets faltered.
Eric Trump urges buyers as prices fall
Based on reports, Trump told the followers on X that this is the time to create coins. He called for the first time in February. Since then, Bitcoin has jumped with 14% and Ethereum climbed by 18%. He sees the newest dip as a new chance to get bargains.
His belief in crypto runs deep. He says Global M2 Expansion means that Ethereum should act on or above $ 8,000. He was also co-founder of the American Bitcoin with Miner Hut 8 and wants it to be the biggest holder of BTC. That gives him a personal interest in prizes.
Let me say it again:
₿uy the dips !!! $ BTC $ ETH https://t.co/vsovtgnlot
– Eric Trump (@ercrump) August 2, 2025
Sharp sale on chains
Data on the chains shows that some big names are selling out. BitMex co-founder Arthur Hayes Moves around $ 13 million in ETH, Ena and Pepe in the midst of the crash. It is a small part of the total market. Yet it feeds a story about doubt that crypto circles spread.
The swings have been steep. Bitcoin fell under $ 113,000 and became an intraday depot of $ 112,820. Ethereum fell by almost 5% and is around $ 3,465. Other tokens also fell, with XRP and Sol more than 5%each. Short -term traders have felt the pinch.
ETF -Explains HIT -funds
Place Bitcoin ETFs Saw enormously. Based on reports, they lost around $ 810 million in one day. Ethereum ETFs broke a 20-day line of inflow and bleed $ 152 million. In total, crypto funds throw almost $ 1 billion. Like that intake Looks dramatic on paper.
Market guards say that one -day figures can mislead. ETF streams always wave in and out. What more matters is the net movement in weeks or months. Yet seeing almost $ 1 billion head before the starting door see the nerves.
Reports indicate larger forces to the game
Analysts look more than just ETF numbers. The last American baneng data before July showed to delay the acceptance. At the same time, fresh rates From US President Donald Trump about important imports, has added to worries about global growth. Those two trends have pushed risk activa lower.
Long-term holders of Bitcoin display dips as normal. They expect the prices to bounce back after short swings. However, new investors can be nervous when they see big names selling or taking money out.
Featured image of Pexels, Graph of TradingView
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