Eric Trump urges investors to buy Bitcoin and Ethereum during market dip, highlighting growing political interest in the crypto space.
Eric Trump, son of U.S. President Donald Trump, has once again expressed his confidence in cryptocurrency. On August 2, 2025, He encouraged investors to buy more of Bitcoin and Ethereum because of the current market crash. His comments were made at a time when markets are experiencing increased levels of volatility, as concerns over the reinstatement of tariffs unsettle markets.
Trump-Backed DeFi Firm Buys 77K Ethereum at $3,294 Average
At the moment of the statement, the price of Bitcoin was at about 112,282, displaying a 2 percent decrease within the last 24 hours. Ethereum, in turn, declined by 5 percent to approximately $3,370, as per the statistics of CoinMarketCap. Trump claimed that this kind of decline provides good purchase chances to long-term investors.
It is not the first time that Eric Trump has promoted crypto investment. He made the same call in February 2025 during another time of economic uncertainty. At that time, Ethereum plunged to $1,400, which was its lowest in late 2023. But it subsequently recovered to above 3,900 as the market mood changed.
Eric Trump is a large holder of major cryptocurrencies such as Bitcoin, Ethereum, Solana, and Sui. He also has a number of crypto-related projects. One of these is American Bitcoin, a mining corporation which both Eric and Donald Trump Jr. are supporting. The company is said to possess 215 BTC.
The Trump family is also a patron of World Liberty Financial, a decentralized finance (DeFi) company that has just purchased more than 77,000 ETH at an average cost of $3,294. But reports show that the company sold part of this Ethereum at a loss in April 2025. Nevertheless, the Trumps seem to be determined in the digital asset world.
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Eric Trump Pushes for Confidence in Crypto
Eric Trump’s involvement in the industry goes beyond investment. In March 2025, he also became a member of the Board of Advisors of Metaplanet, a company that works on the investment and integration of Bitcoin. His increasing influence in the world of crypto has become a news story and has caught the eyes of investors.
The reaction to his latest comments has been mixed in the crypto market so far. Some traders were happy with the endorsement and others were wary. Experts say that buying the dip can be a good strategy but it should be analysed well. The ability to time the market, take the risk associated with it and a good knowledge of the fundamentals of the market is vital before any investment decision is made.
Tariff tensions prevail to affect the mood of investors. Some analysts predict that the impending stagflation and alterations in the global supply chain can cause more market downturns. This creates more confusion in the crypto world, as other notable individuals like Eric Trump urge people to be confident.
To sum up, the words of Eric Trump remind people of the fact that political leaders are becoming more involved in the crypto discussion. His suggestions will be profitable or not depending on how the global markets will change in the next few weeks. At present, investors are encouraged to be up to date, be aware and not make judgments by just going by what is publicly endorsed.
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