Eric Trump Ethereum tweet raised a gathering – will Bitcoin follow?
Eric Trump’s tweet from Eric Trump lined with one of the largest repercussions in months. Now, Bitcoin resort – does this call mean anything?
The last comment for Eric Trump on Bitcoin (BTCGossip, although the direct market effect appears limited.
On February 6, go to X, and post, “It looks like a great time to enter #BTC!” The observation for a period of Bitcoin last paid $ 98,000 before returning to about 97,650 dollars, which only reflects a modest gain of 0.4 % at the time of writing this report.
Feels like a great time to enter #BTC! 🚀 @worldlibertyfi
— Eric Trump (@EricTrump) February 6, 2025
The reaction to what happened just a few days ago contrasts when Eric Trump tweets on ethereum (EthIt coincided with the transformation of the dramatic market.
On February 1, Ethereum was already struggling after President Donald Trump’s tariff advertisement The sale of the market has sparked. By February 3, Ethereum was flooded 37 percent of its highest level on January 31, representing one of his sharp drops in modern history.
Then Eric Trump came on February 4: “It is time to add ETH.”
Within 18 hours of reaching its lowest point, Ethereum wore more than 35 %, and decreased from about $ 2,300 to more than $ 2900 in less than one day. Ethereum has settled since then, about $ 2,830 trading from February 6.
Although the link does not mean causality, the rapid fluctuations of prices that followed a previous tweet prompted some traders to pay more close attention to its calls in the market.
Bitcoin, who has seen a strong gathering in recent months, is still in a market structure completely different from Ethereum at the time of Eric Trump’s comments. While Ethereum tweet coincided with the market bottom and severe sale conditions, Bitcoin was circulating near record levels, leaving a lower room for a sudden transformation.
Traders looking for history may have to repeat himself to wait a little longer to see if this tweet carries the same type of weight.
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2025-02-06 08:38:00
