Eric Trump Urges ’Buy the Dip’ in BTC & ETH Amid Tariff Fears
Eric Trump has urged crypto investors to “buy the dip” in Bitcoin and Ethereum, first retweeting his February message on August 2 before repeating it amid renewed tariff fears affecting crypto markets. His personal portfolio includes BTC, ETH, SOL, and SUI. The Trump family’s American Bitcoin mining firm holds 215 BTC, while its DeFi venture, World Liberty Financial, has acquired 77,226 ETH at an average price of $3,294, with an unrealized profit of $41.7 million. At press time, Bitcoin traded around $113,500 and Ethereum near $3,500. Trump’s backing highlights growing institutional interest and could signal a bullish catalyst for short-term buying opportunities amid ongoing market volatility.
Bullish
Eric Trump’s high-profile endorsement of buying Bitcoin and Ethereum amid renewed tariff fears is likely to boost short-term demand by reinforcing bullish sentiment among retail and institutional investors. His significant holdings—215 BTC in a family-backed mining firm and 77,226 ETH with $41.7 million unrealized profit—underscore strong confidence in both cryptocurrencies. Price pullbacks near $113,500 for Bitcoin and $3,500 for Ethereum present clear entry points, and his call may trigger momentum buying, reducing supply on dips. Over the long term, repeated bullish signals from a prominent political figure could attract more institutional capital, but traders should watch for profit-taking and broader macro risks that may cap gains.