Crypting investors in the United States got a dose of optimism this week when Eric Trump entered the battle. And urge my holder Bitcoin and ethereum To see the recent low prices as an opportunity to buy. The prices lasted at the beginning of August, and his call came directly when the markets were reeling.
Eric Trump urges buyers with low prices
Based on reports, Trump told their followers on X that it is now time to raise coins. He first made a similar call in February. Since then, Bitcoin jumped by 14 % and ETHEREUM is 18 %. He sees the latest decline as another opportunity to seize deals.
His faith in encryption extends deeply. He says M2 global Expansion means that Ethereum should be traded at or more than $ 8,000. He also participated in the founding of the American Bitcoin with Miner Hut 8 and wants to become the largest BTC holder. This gives him a personal share in prices.
Let me say that again:
Erictrump August 2, 2025
Sharp sales
Data on the series show that some large names are sold. Founder participating in a bittime image Arthur Hayes About $ 13 million of ETH, Ena and Pepe moved in the midst of the accident. It is a small slice of the total market. However, it nourishes the story of suspicion that spreads through the encryption circles.
The fluctuations were very slope. Bitcoin fell less than $ 113,000, and reached the lowest level during the day of $ 112,820. Ethereum decreased by about 5 % and sits about $ 3465. Other symbols also decreased, with XRP and Sol less than 5 %. Merchants in the short term with a picker.
ETF external flows reach the money
spot Bitcoin etfs He saw huge huge flows. Based on reports, they lost about $ 810 million in one day. Ethereum ETFS picked up a series of 20 -day flows, bleeding $ 152 million. In total, encryption boxes threw nearly one billion dollars. This type of withdrawal It looks exciting on paper.
Market monitors say that one -day numbers can mislead. Etf flows swing and comes out all the time. What matters most is a clear movement for weeks or months. However, seeing approximately $ 1 billion in the nerves of the exit door shaking the nerves.
Reports refer to more powerful powers
Analysts look more than just ETF numbers. The latest US job data showed the slowdown of employment. At the same time, fresh Definitions From US President Donald Trump on the main imports he added to concerns about global growth. These two trends pushed the assets of risk to a decrease.
Long -term holders of Bitcoin width of declines as usual. They expect prices to wear after short fluctuations. Nevertheless, new investors may be tense when they see large names selling or withdrawing money.
Distinctive photo of Pexels, tradingView graph
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2025-08-03 12:00:00
