Over the past day, the cryptocurrency market experienced a significant downturn, resulting in over $700 million worth of liquidations as reported by CoinGlass. This event was among the largest of its kind in 2025. Despite these challenging circumstances, TRON’s founder Justin Sun shared some words of encouragement, urging everyone to stay resilient and consider potential future developments.
As per Sun’s perspective, there are just two solid strategies to handle the current market turmoil. He suggests that now could be an opportune moment to invest during a dip, as the long-term potential of cryptocurrencies is evident, despite any immediate challenges.
Buy the dip and focus on building! 2025 will be a great year!🤞
— H.E. Justin Sun 🍌 (@justinsuntron) January 13, 2025
Next, he emphasized the necessity of continuing to nurture the environment, even during challenging times. Essentially, his sentiments were hopeful, suggesting that 2025 might mark a significant change for the better and an expansion in the market.
Bitcoin price recovers; Are we “so back?”
The price of Bitcoin (BTC) hit a two-month low, but later rebounded above $93,000. However, the overall cryptocurrency market is still experiencing stress. Many altcoins experienced significant losses, and smaller digital assets were responsible for most of the liquidations.
Attention is currently focused on whether Bitcoin‘s price will return to around $97,500, a point that could potentially act as a turning point for the top cryptocurrency. If we can push past this level, the next goal might be a new record high. Additionally, a strong Bitcoin performance would likely fuel optimism across the broader crypto market.
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2025-01-13 18:50