Bitcoin News

Story: Eric Trump Urges Bitcoin Dip Buying as BTC Slides Below $120K

By James Thorp

1 / 15

Historical August Trends Show Mixed Signals. Looking at the historical data, August hasn’t been the best month for Bitcoin bulls.

2 / 15

Trump’s Timing: Coincidence or Strategy?. This isn’t the first time Eric Trump has weighed in on Bitcoin.

3 / 15

ETF Flows Paint a Bleak Picture. One of the more concerning metrics today is ETF inflows—or the lack thereof.

4 / 15

Macro Headwinds Weigh Heavy. Unlike in previous cycles, this year’s post-halving environment is dealing with heavier macro…

5 / 15

Technical Perspective: Eyes on the Next Support. On the technical front, BTC’s price is now heading toward the next major support zone near $109,000.

6 / 15

Final Thoughts. Eric Trump’s message may resonate with die-hard Bitcoin believers, but it doesn’t align with the…

7 / 15

Eric Trump is once again making waves in the crypto market, telling followers it’s time to “buy the dip” as Bitcoin’s price takes a hit. The timing of this message is notable.

8 / 15

While the call may sound like a vote of confidence, market conditions tell a different story.

9 / 15

Looking at the historical data, August hasn’t been the best month for Bitcoin bulls. In the past 12 years, BTC has closed red in 60% of Augusts.

10 / 15

However, there’s a counter-narrative based on previous halving cycles. In 2013, 2017, and 2021—all post-halving years—Bitcoin logged double-digit August gains.

11 / 15

Could 2025 follow that path again? That’s what some bulls are hoping for.

12 / 15

This isn’t the first time Eric Trump has weighed in on Bitcoin. Back in February 2025, he posted a similar message as BTC consolidated near $90,000.

13 / 15

There’s a lesson in that moment. While sentiment from high-profile figures can trigger short-term volatility, it rarely drives sustained rallies—especially without broader market…

14 / 15

One of the more concerning metrics today is ETF inflows—or the lack thereof. Bitcoin ETFs just posted their worst quarterly net outflows to date.

15 / 15

These figures reflect institutional hesitation. As risk appetite dwindles amid uncertain global conditions, big players are scaling back exposure instead of adding more Bitcoin.

The Currency Analytics

Want the full story?