The post Eric Trump commented on Bitcoin after his Ethereum tip sent appeared on BitcoinEthereumNews.com.

Eric Trump comment caused a small price jump, but no major impact. ETH dropped after Donald Trump’s tariff news but rebounded 35% soon after Eric Trump’s post. Their platform, WLF, shifted $307M in assets and made new ETH investments. Eric Trump’s Comment on Bitcoin and Ethereum Eric Trump recently shared his thoughts on Bitcoin, posting on X, “Feels like a great time to enter #BTC!” This led to a brief price jump, pushing Bitcoin above $98,000 before it settled at around $97,650. The price movement was minimal, reflecting only a 0.4% hourly gain. This reaction was quite different from what happened when he commented on Ethereum earlier. On Feb. 1, Ethereum was already under pressure after Donald Trump’s tariff announcement triggered a market-wide drop. By Feb. 3, Ethereum had fallen 37% from its Jan. 31 high, marking one of its steepest declines in recent history. However, within 18 hours of reaching its lowest point, Ethereum rebounded over 35%, jumping from around $2,300 to over $2,900. Crypto Moves by the Trump Family Many traders took note of this recovery, especially since it happened around the same time Eric Trump tweeted, “It’s a great time to add $ETH.” His original post also included, “You can thank me later,” but he later edited it to remove those words. Ethereum had already started recovering before his post, partly due to Donald Trump temporarily halting tariffs on Canada and Mexico. After the tweet, ETH continued to climb, reaching $2,913 before slightly declining to around $2,806. While there is no clear evidence that his tweet directly influenced the price, some traders are now watching his market comments more closely. The Trump family’s crypto involvement has also been gaining attention. On Feb. 3, World Liberty Financial (WLF), their crypto platform, transferred over $307 million worth of assets…

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Filed under: News - @ February 7, 2025 4:17 am