David Edwards
After a month-long gain, ETH soared beyond $3,800, and Eric Trump celebrated the price increase on X on Monday. “How am I doing now @TedPillows?” he posted, referencing a March exchange in which OKX partner Ted Pillows had mocked Trump’s earlier ETH endorsement. In response to another critic, Trump added, “Up 35% in 5 months, Pal. Embrace volatility,” reiterating his advice to buy during market dips.
When Trump first posted urging people to buy Ethereum on February 4, the price of the coin was close to $2,877. In the weeks that followed, Ethereum had a nearly 49% decline, although it has subsequently recovered greatly. As of right now, ETH has increased by about 30–35% since that February post and by about 12% so far this year, which reflects both the asset’s natural volatility and its potential for recovery.
Gert van Lagen, an analyst, pointed out fundamental parallels between the 1980 Dow Jones Industrial Average and Ethereum’s current price trend. He predicts that ETH may hit $8,000 by early 2026 as it moves into the last stage of its long-term bullish cycle based on this technical pattern.
The Trump family’s involvement in the cryptocurrency field goes far beyond their remarks on social media. Former President Donald Trump’s company, Trump Media and Technology Group, just revealed $2 billion in Bitcoin and Bitcoin-related assets. According to reports, the company raised $2.5 billion to support this cryptocurrency investment strategy, and it intends to grow even more, contingent on market conditions.
Eric Trump co-founded American Bitcoin with his siblings Donald Jr. and Barron. The firm acquired $220 million from institutional investors to buy Bitcoin for its treasury and buy mining equipment. Donald Trump Sr. is the honorary co-founder emeritus of World Liberty Financial, a company that all three of his sons co-founded.
