Key Takeaways
- Ethereum rebounded over 35% since Eric Trump’s bullish name, surpassing $3,700 from an April low.
- Institutional demand and ETF approval expectations fueled ETH’s latest surge.
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After catching warmth earlier this yr for bull-posting Ethereum forward of a pointy decline, Eric Trump lastly enjoys a turnaround because the coin bounces again practically 35% from his promo excessive.
Ethereum’s inexperienced candles prompted the US president’s son to rejoice. On Monday, Eric posted the enduring “Mic Drop” minion GIF from Despicable Me as he reshared his February post declaring, “It’s a good time so as to add $ETH.”
https://t.co/MaEelzwY2m pic.twitter.com/YJUZ77qFKm
— Eric Trump (@EricTrump) July 22, 2025
“Embrace volatility. If you happen to have been good, you’ll have additionally purchased the dips (as I mentioned to do),” he replied to an X consumer.
The second-largest crypto asset by market worth was buying and selling at round $2,800 on the time of Eric’s February name. It later fell to $1,470 in April, its lowest degree since November 2023.
Nonetheless, the asset has since rebounded sharply and is now buying and selling above $3,700, up greater than 155% from its April low, CoinGecko data exhibits.
Rising institutional demand and company accumulation are key drivers behind Ethereum’s latest rally. Furthermore, hopes that the SEC will approve staking options for spot Ethereum ETFs, together with a proposal from BlackRock, are serving to gas the momentum.
Eric additionally dropped a “revenge” touch upon an April submit by market analyst Ted Pillows, who had famous that ETH was down 40% since Eric’s tweet.
How am I doing now @TedPillows?
— Eric Trump (@EricTrump) July 22, 2025
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