$BTC

Cryptocurrency Market: Decline or Opportunity?

The cryptocurrency market remains volatile and uncertain. Recently, Eric Trump advised buying Ethereum (ETH) at $3,000, but today the price of ETH is well below that. Meanwhile, Bitcoin (BTC) has dropped to less than $77,000, but has recovered to $81,000. In 24 hours, over $955 million in liquidations occurred, reflecting the uncertainty, but many see this decline as just a minor setback.

Arthur Hayes, former CEO of BitMEX, predicts that BTC could fall to $70,000, which would be a typical correction in bullish markets. In the altcoin scenario, Murad's memecoin portfolio suffered a loss of 39.5%, dropping to $9.72 million, but the market continues to show signs of recovery.

On the other hand, news such as the AVAX ETF, registered by VanEck, and the 35% increase of the ARKM token, listed by Upbit, indicate that there are still opportunities. Additionally, the movement of 11,834 BTC by MtGox (worth $931 million) draws attention from the market.