Author: DeThings Team

Eric Trump on February 6 He reiterated his bullish stance on Bitcoin in a tweet, saying "It feels like a good time to get into #BTC." He also tagged World Liberty Financial, a DeFi project related to his family.

This is not the first time that the president's son has made remarks that he is optimistic about Bitcoin. In an interview with Benzinga in December, Eric said he owns Bitcoin, Ethereum, Solana and Sui. "I am very optimistic about Bitcoin and cryptocurrencies."

After the month, Eric predicted that Bitcoin’s price could reach $1 million in a keynote speech at the Bitcoin Middle East and North Africa conference in Abu Dhabi and saw it as a reshaping world The revolutionary financial paradigm of the economy.

"Bitcoin has completely changed our view of money, wealth and the future...and also changed the way our company gets funds," he said at the event . "The revolution is not coming, but has arrived."

Eric's statement comes as Bitcoin is facing economic uncertainty caused by tariffs resistance. On February 1, US President Donald Trump announced the imposition of tariffs, triggering a full-scale sale of the market.

The current trading price of Bitcoin has been around $97,700 since then, and cannot maintain its rise above $100,000, down 7% in the past seven days. Ethereum has plummeted, down 37% from its recent high on January 31, marking one of the biggest drops in recent history.

Commenting Bitcoin as the president's son's re-use of the same trick, Eric Trump also said on February 4: "Now It is a good time to add ETH. ”

Ethereum rebounded more than 35% in less than a day from The $2,300 surged to over $2,900. Since then, the price of Ethereum has stabilized, and as of February 6, the transaction price is about$2,830.

Bitcoin has maintained a strong upward momentum in recent months, but when Eric Trump made the remarks , Bitcoin’s market structure is completely different from Ethereum. While his Ethereum tweet coincides with the bottoming out of the market and extreme oversold, Bitcoin’s trading price has been directly close to its historical highs, so there is little room for a sudden reversal.

Eric Trump is a relatively low-key member of the Trump family, but his financial views are closely related to his family's stance. Eric's remarks are seen by some analysts as a signal that directly affects the market. The rapid communication effect of social media allows ordinary investors and traders to respond quickly and drive market volatility. However, these remarks by Eric Trump are not merely expressions of personal investment views, they also have profound and economic motivations behind them. The Trump family’s relationship with the cryptocurrency market is more complicated, and Eric’s tweets seem to drive market sentiment to some extent.

Not only that, Trump also previewed on Twitter before releasing the meme coin. Even Musk pushed Dogecoin, BAN and other gains to take advantage of Twitter.

The Trump family also involved multiple crypto projects, including World Liberty Financial in which Eric was involved. The platform claims its goal is to drive the popularity of cryptocurrencies and decentralized finance (DeFi), and although the platform does not conduct Bitcoin transactions publicly, its portfolio includes a large number of crypto assets such as Ethereum (ETH) and Tron (TRX), etc.

The World Liberty team purchased more than $70 million worth of crypto assets before Trump’s inauguration. The investment increased the entity’s cumulative crypto holdings to $325 million.

The project transferred most of its crypto assets, including a large amount of ETH and WBTC, to Coinbase on Tuesday, according to Arkham Intelligence.

World Liberty's cryptocurrency portfolio shrank sharply, falling more than 90% to just about $34 million.