Despite a 21% drop in trading volume, a Bitfinex whale is accumulating Bitcoin, while Eric Trump promotes a ‘buy the dip’ strategy amid economic uncertainty.
Bitcoin has retreated below the $113K mark, losing over 21% in trading volume in the past 24 hours, with community sentiment shifting towards bearishness. Notably, a Bitfinex whale is purchasing Bitcoin at a rate of 300 per day, while Eric Trump advocates for buying the dip as he prepares for a significant merger that could increase his Bitcoin stake by $367 million. The crypto market is expected to recover as Bitcoin shows signs of bouncing back, potentially benefiting utility-driven projects like Snorter Token ($SNORT).