Bitcoin had a strong start in 2024, reaching an all-time high in January following interest-rate cuts and the federal government’s embrace of the crypto industry. But all of those gains have been decimated over the past few weeks. And while that’s tough news for many digital-asset holders, the decline has prompted some investors to wonder: Is now a good time to buy the dip?
Despite the industry’s seemingly favorable prospects under President Donald Trump, Bitcoin has dumped nearly 30% of its value since he took office, falling to a low of $78,000 earlier this month. Even as Trump follows through on a number of crypto-related promises—including establishing a national Ethereum exchange-traded funds, tells Fortune. “But I think that's created this opportunity for investors.”
