“The King of IPOs,” Serenity (@aleabitoreddit), has started buying the dip in Bitcoin and Ethereum, as crypto stocks were once again hammered today...🥲 $HOOD plunged 6% in a single day, while $BTC and $ETH dropped sharply by 7% and 5.8%, dragging down all crypto-related stocks including Coinbase and Circle. Serenity sharply criticized, saying: “Didn’t the Trump administration promise to build a strategic reserve and be friendly toward crypto? Now, the bank-backed Clarity Act is set to pass, banning all yield products and stifling innovation.” He entered the market today to buy $IBIT and $ETHA at $62,000 and $1,750 respectively, executing a swing trade—but ultimately admitted that at these price levels, neither $HOOD nor $COIN can hold up.
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