TL;DR
- On February 25, 2025, Bitcoin dropped below $87,000, an 8% decline that generated divided opinions about its market impact.
- Michael Saylor and Eric Trump suggested seizing the drop as an opportunity to buy more BTC, while Peter Schiff remained skeptical, suggesting waiting for a deeper drop.
- Despite the volatility, Strategy continues its Bitcoin accumulation strategy, announcing a $2 billion BTC purchase.
On February 25, 2025, Bitcoin (BTC) experienced a severe drop, falling to $87,000 for the first time in three months. The 8% decline prompted an immediate market reaction, with divided opinions on its impact and the strategies to follow.
Michael Saylor, Executive Chairman of Strategy, a long-time Bitcoin advocate, seized the opportunity to suggest that this drop represents a good time to acquire more cryptocurrencies. In a message on X, Saylor indicated that Bitcoin was “on sale,” which many interpreted as a signal to seize the moment and buy. His stance was supported by Samson Mow, CEO of Jan3, who recommended that Saylor should allocate a significant portion of his capital exclusively to purchasing Bitcoin during price drops.
₿itcoin on $ale
— Michael Saylor⚡️ (@saylor) February 24, 2025
Eric Trump, son of U.S. President Donald Trump, also reacted to the BTC drop with a message on X, urging investors to take advantage of the situation. With an optimistic tone, Eric Trump suggested, “Buy the dips!” conveying a position similar to Michael Saylor’s.
₿uy the dips!!!
— Eric Trump (@EricTrump) February 25, 2025
Bitcoin: Buy the Dip or Keep Waiting?
However, the drop also sparked negative comments, such as from Peter Schiff, a Bitcoin critic and gold advocate, who expressed skepticism and suggested that investors should wait for prices to fall even further before making a decision. Schiff’s stance reflects the opposite approach some hold regarding the crypto market’s volatility, seeing the drop as a sign that prices may continue to decrease.
A Hard Hit for Altcoins
The impact of Bitcoin’s decline also extended to other major altcoins, like Ethereum, which lost 10.5%, and Solana, which experienced a 13% drop. The downturn in the crypto market led the Fear and Greed Index, which gauges investor sentiment, to reach 25, signaling extreme fear in the market.
Despite the volatility, Strategy continues its Bitcoin acquisition strategy. The company recently announced a $2 billion BTC purchase, adding over 20,000 BTC to its balance sheet. The goal is to deepen its strategy of accumulating large amounts of BTC over time, aiming to reach a total of $42 billion in Bitcoin over the next three years.
