Eric Trump, who previously claimed that President Donald Trump would transform the United States into the "the crypto capital of the world" took to X to issue crypto advice to investors, despite the price of Bitcoin dropping below $90,

Eric Trump predicts Bitcoin will skyrocket to $1 million. Since his bold claim, BTC has hit an all-time high of $108,786.

Bitcoin price drops below $89K, losing 8% in a day. Eric Trump urges investors to "Buy the dips!" amid crypto market selloff.

Bitcoin's drop is part of a wider rout in which over $800 billion of nominal value "has been wiped off global cryptocurrency markets in recent weeks, as the enthusiasm that swept the crypto industry after Donald Trump's election victory last year ebbs away," the Financial Times wrote today.

Despite the current market downturn, not all hope is lost, as a massive wave of liquidity expansion could be on the horizon. The expanding M2 global liquidity supply could breathe fresh air into the risk-on markets, especially Bitcoin. However, this might take some time.