Key takeout
- Eric Trump reiterated his bullish outlook for Bitcoin and Ethereum amid latest tariff-driven market volatility.
- Trump’s portfolio contains Bitcoin, Ethereum, Solana and SUI, who publicly helps American Bitcoin mining firms.
As Crypto wobbled amid the worry of recent tariffs, Eric Trump reaffirmed his assist for Bitcoin and Ethereum, encouraging traders to purchase throughout the present market dip.
Let me say it once more:
dips!!! $ btc $ eth https://t.co/vsovtgnlot
– Eric Trump (@erictrump) August 2, 2025
This was not the primary time President Trump’s son has expressed confidence in his prime two digital property.
In February, amidst the financial uncertainty of tariff fuels, he referred to as it the proper time to purchase Ethereum and Bitcoin. Ethereum fell beneath $1,400, the bottom level since November 2023.
However ETH has bounced sharply again as company adoptions enhance and market sentiment improves optimistic legislative headlines, bringing again $3,900 earlier this week.
The rally has cooled down following the specter of new tariffs. Based on Coingecko, Ethereum has dropped by 3% within the final 24 hours at round $3,500 and three% within the final 24 hours.
Trump revealed in December that he has Bitcoin, Ethereum, Solana and Sui. Household code involvement additionally extends to mining. Bitcoin, a mining firm backed by him and his brother Donald Trump Jr., reported that it holds 215 BTC.
Based on Lookonchain, World Liberty Monetary, a Trump-backed Defi Enterprise, just lately acquired 77,226 ETH at a median value of $3,294 per coin. On-chain information means that they could have bought a few of their ETH stacks once they had been misplaced in April.
Trump’s World Freedom (@worldlibertyfi) spent $1 million USDC once more 23 hours in the past to purchase $256.75 ETH for $3,895.
World Liberty bought ETH ($296M) totaling $77,226 with a median value of $3,294.
– lookonchain (@lookonchain) July 29, 2025
