Eric Trump’s Ethereum Endorsement Fuels Crypto Buzz
After instant slid to the important support level, Ethereum (ETH) climb again. After major changes in market emotions, the second largest digital assets calculated based on market value passed $ 2,900.
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Interestingly, Eric Trump, the son of US President Donald Trump, weighs this situation and pointed out that this is a strategic opportunity to get ETH.
Tariffs suspended Flight Broken Market rebound
Worry Tariffs on Canada and Mexico Earlier this week, the crypto market was moved. Both Bitcoin and Ethereum have fallen sharply. Ethereum temporarily dropped to about $ 2,360. Nonetheless, Trump still provides breathing for the temporary suspension of tariffs, which makes investors confident in risk assets including cryptocurrencies.
After announcing this news, Ethereum has gone through a strong recovery, an increase of nearly 20 %. The trader explained it as an invitation to re -enter the market, and ETH immediately recovered the results of $ 2,900.
I think this is a good time to add $ ethEssence
-Erik Trump (@Ereictrump) February 3, 2025
Eric Trump’s encryption recognition has attracted people’s attention
Eric Trump He released his optimism on Ethereum on social media. He first said: “I think this is a good time to add $ ETH. You can thank me later.” Although the subsequent part of his speech was deleted, the encrypted investors resonated in the future development of Cafeng.
The Trump family has gradually participated in the digital asset industry, especially through its world free financial platform. This latest statement aims to emphasize their participation and potential long -term dedication to blockchain technology.
Major Ethereum Trading of World Freedom Finance
World Freedom Finance Recently, major actions have been taken in the cryptocurrency field, and this space has further promoted people’s speculation. The company transferred more than 300 million US dollars assets to Coinbase’s monitoring platform. according to Put the blockchain analysis company on the chain. In addition, they acquired 1,826 ETH at a price of about $ 5 million, and nearly 20,000 Lido Stokaked Ether (STETH) was converted to ETH.
World Freedom Finance (@WORLDLIBERTYFI) Transfer the $ 307.41 million of 8 assets to #Coinbaseprime 6 hours ago-as part of fiscal management and business operations.
Shortly after that, the project was not fixed 19,423 $ STETH arrive $ eth And spent 5M further $ USDC Buy 1,826 $ eth $ 2,738. Mowing https://t.co/rp9nafus5n pic.twitter.com/5bfivjma7uu
-The position on the chain (@Spotonchain) February 4, 2025
These transactions show that the company is preparing to prepare for the introduction of its “making money and borrowing loan” loan plan. Although the agreement is still under development, a large number of transfer indicates that the platform may soon play an important role in decentralized finance.
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The prospects of Ethereum remain positive
With the rise of institutions, the prices of top cottage coins have occupied a higher level, and Ether is still the core focus of the cryptocurrency market. Macroeconomic changes, strategic investment and political influence provides interesting developments to ETH’s future process.
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