On January 6, Eric Trump tweeted that it was a perfect time to invest in BTC. However, the market remained mostly unchanged at around 98,000 USD, experiencing a notable 7% decline this week, reaching an intraday low of 96,200 USD.

Despite the recent dip, David Sacks highlighted Bitcoin’s strength as an asset. With positive changes in regulations and investment opportunities in the air, the overall crypto market capitalization still faced declines, indicating underlying volatility in investor sentiment.