On Monday, Eric Trump, son of US President Donald Trump, took to X to boast about Ether's rise above $3,800 during a month-long rally. He responded to a previous post from Ted Pillows, a partner at crypto exchange OKX, who had mocked him when ETH prices dipped earlier this year. Trump noted a 35% increase over five months, encouraging others to embrace market volatility. If investors had purchased ETH when Trump endorsed it, they would have seen a 30% unrealized profit, as the price rose from around $2,877 on February 4 to its current value of $3,732. However, they also faced a significant loss, as ETH dropped nearly 49% shortly after Trump's announcement. Analyst Gert van Lagen suggested that ETH's current pattern resembles the Dow Jones from 1980, predicting it could reach $8,000 by early 2026. The Trump family has significant investments in crypto, with Trump Media and Technology Group holding $2 billion in Bitcoin. Read more AI-generated news on: https://app.chaingpt.org/news

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