Key takeout
- Eric Trump reiterated his bullish outlook for Bitcoin and Ethereum amid recent tariff-driven market volatility.
- Trump’s portfolio includes Bitcoin, Ethereum, Solana and SUI, who publicly supports American Bitcoin mining companies.
As Crypto wobbled amid the fear of new tariffs, Eric Trump reaffirmed his support for Bitcoin and Ethereum, encouraging investors to buy during the current market dip.
Let me say it again:
dips!!! $ btc $ eth https://t.co/vsovtgnlot
– Eric Trump (@erictrump) August 2, 2025
This was not the first time President Trump’s son has expressed confidence in his top two digital assets.
In February, amidst the economic uncertainty of tariff fuels, he called it the perfect time to buy Ethereum and Bitcoin. Ethereum fell below $1,400, the lowest point since November 2023.
But ETH has bounced sharply back as corporate adoptions increase and market sentiment improves positive legislative headlines, bringing back $3,900 earlier this week.
The rally has cooled down following the threat of new tariffs. According to Coingecko, Ethereum has dropped by 3% in the last 24 hours at around $3,500 and 3% in the last 24 hours.
Trump revealed in December that he has Bitcoin, Ethereum, Solana and Sui. Family code involvement also extends to mining. Bitcoin, a mining company backed by him and his brother Donald Trump Jr., reported that it holds 215 BTC.
According to Lookonchain, World Liberty Financial, a Trump-backed Defi Venture, recently acquired 77,226 ETH at an average price of $3,294 per coin. On-chain data suggests that they may have sold some of their ETH stacks when they were lost in April.
Trump’s World Freedom (@worldlibertyfi) spent $1 million USDC again 23 hours ago to buy $256.75 ETH for $3,895.
World Liberty purchased ETH ($296M) totaling $77,226 with an average price of $3,294.
– lookonchain (@lookonchain) July 29, 2025
