CryptoFeb 3, 2025
After Weekend of Losses, Crypto Traders Are Buying the Tariff Dip
Market Resiliency
Noah Weidner
The blockchain might be open and free, but investors weary about Trump tariffs sent the prices of leading cryptocurrencies like Bitcoin, Ethereum, and Ripple tumbling up to 10% lower over the weekend. The drop was exacerbated by cascading liquidations from leveraged traders, who lost billions. But where some investors saw loss, others saw potential gains and bought the dip.
- Bitcoin, Ethereum, and Ripple fell as low as $92K, $2.1K, and $2.10 — lows not seen since last week — offering investors no-brainer opportunities to buy the dip.
- On Monday, the broader crypto market recouped most of its intraday losses, with Bitcoin crossing back over $100K, Ethereum settling in at $2.75K, and Ripple re-testing $3.
Rebound ahead: Some assets — like Ethereum, Binance, and Solana still remain well below their prices week-over-week after a chaotic weekend of trading, which could contribute to more FOMO buying in the days ahead. After all, crypto is borderless — so why would tariffs derail investors’ speculative frenzy?
