Eric Trump, son of former President Donald Trump, called on investors to buy Bitcoin and Ethereum during the recent price drop through his X (Twitter) account on August 2, 2025.
This statement may bolster market confidence following a significant correction of BTC and ETH, with the potential for prices to recover significantly influenced by macroeconomic factors.
Eric Trump has encouraged investors to buy Bitcoin and Ethereum as prices drop. His statement coincides with a significant market correction, positioning these assets as potential buying opportunities.
"Historically, such endorsements from major influencers in the U.S. retail/crypto space have boosted sentiment and sometimes created local bottoms or led to slight price increases." - Eric Trump, Web3 Ambassador, World Liberty Finance.
In a recent statement, Trump emphasized the potential value of Bitcoin and Ethereum. As a key figure in the cryptocurrency business, his advice aligns with past successful endorsements during market downturns.
This recommendation comes amid a highly volatile market and investor concerns. The prices of Bitcoin and Ethereum have significantly decreased, prompting various reactions from stakeholders. Potential outcomes from Trump's statement include improved investor sentiment and increased market activity.
Trump mentioned macroeconomic conditions, suggesting that the value of Ethereum could exceed current levels. His influence as a Web3 Ambassador reinforces his long-standing position on digital assets. Historical trends show that Trump's advice often yields positive results for investors.
Price recoveries often follow similar confirmations from the market, reflecting an effective timing pattern. The current environment is witnessing increasing participation from whales and institutions, driven by macro factors and market momentum.
