The Crypto market is behind after Bitcoin fell below the $113,000 threshold, with trading volumes exceeding 21% over the past 24 hours.
Also, community emotions are being pushed into the bare zone as fear and greedy indicators recede in neutral.
Despite the looming trend, one Bitfinex Whale decided this was the right time to invest and began gobbling Bitcoin at a rate of 300 a day.
Blockstream CEO Adam Back was the one who pointed it out, and at the same time reminded the community that the same whale was getting $BTC at a rate of 1,000 a day in February.
This type of investment in the crypto market is “buying the Dip” written above in preparation for even larger bulls.
Market drops when Eric Trump presses the message “Buy Dip”
Eric Trump joins the “buy dip” crowd by sending a loud, clear message with X.
Eric posted a message that Bitcoin was sinking to $112,724, showing immortal confidence in his ability to bounce Bitcoin’s bounce. This was expected given that Eric Trump’s Bitcoin stock would be $367 million thick.
This is the direct result of the merger between American Bitcoin Corp. and Gryphon Digital Mining, which will allow Eric Trump to access more than 367 million shares.
The transaction is scheduled to be approved by shareholders on August 27, 2025 and at 10am.
The merger announced on July 29th will make Eric Trump one of the wealthiest individuals in the crypto zone.
But why is the crypto market retreating?
The most obvious reason is that Trump’s tariff suspension will end on Friday. This puts pressure on the global economic system again.
On the bright side, trade agreements have lowered tariffs for our trading partners, especially in countries such as the UK, Vietnam, Indonesia and the EU.
Nevertheless, a sense of economic uncertainty and confusion ultimately benefits the crypto market.
This means that when Bitcoin bounces back, a revival of the code is expected. At that point, projects like Snorter Token ($Snort) will be top gain thanks to blockchain utilities.
Why Snorter Token ($Snort) is the best for opportunistic investors
Snorter Token ($Snort) is the perfect ecosystem for opportunistic investors thanks to Snorter Bot, the best sniper friend of traders.
The Snorter Bot is the ideal solution for manual coin hunting. This is usually ineffective and is subject to scams such as honeypots and rug pulls. The bot works around these issues as follows:
- Establish real-time alerts to protect against suspicious projects
- After fluidity appears, snipe a hot token in milliseconds. So there’s no lost opportunity
- Works only with Telegram Chat, eliminating the need for multiple wallets, plugins and browser extensions
Copy trading perks are also great for replicating proven strategies to increase your chances of success.
All of these benefits recommend Snorter Token ($Snort) as the best choice for opportunistic traders who lack the time and know-how to actively engage in the market. With Snorter Token, you can adjust the Aardvark bot according to your needs and pass the sniper rifle to loosen it.
$Snort is currently still on pre-sale with a $2.7 million cash pool and growth and a token price of $0.1001.
So if you want to participate in the project, you need to do it while $Snort is still at the pre-sale price. Following the project’s utility and mainstream adoption after launch, $Snort could experience a massive chart boost in 2025.
You can visit our pre-sale page now and buy $Snort.
When will the crypto market recover?
Bitcoin has already surpassed its $114,000 threshold and 24-hour growth rate by 0.55%, so it’s safe to say the market is already receding.
It’s too early to say whether this is a small uplift or a sign of sustained climbing, but one thing is for sure, Bitcoin will bounce back. And if you do that, you should expect a new ATH, following July’s $123,153.22.
That’s when utility-based projects like Snorter Token ($Snort) can also see a surge in investors.
This is not financial advice. Do your own research (dyor), manage your risk appropriately, and invest wisely.
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