Eric Trump, the son of the U.S. President, addressed his critics following a significant increase in the value of cryptocurrencies, particularly Ethereum and Bitcoin, in July 2025. It is worth noting that in early February, he urged his followers to first buy Ethereum and later Bitcoin; however, after his recommendations, both assets sharply declined in value, leading to a wave of criticism directed at him.
This is reported by Business • Media
Market Reaction After Eric Trump’s Advice
On February 4, 2025, Eric Trump posted on X urging investment in Ethereum (ETH), and by February 6, he advised purchasing Bitcoin. At that time, ETH was trading between $2700 and $2900, while Bitcoin was priced at $96,000 to $97,000. However, just a month after his posts, the value of the assets decreased: the return on investment for ETH was about -29% as of March 4, and for Bitcoin, it was around -6.5% as of March 6.
Despite the temporary drop, the cryptocurrency market rebounded in the second half of July, making Eric Trump’s advice profitable. As of July 22, 2025, the return on investment in Ethereum was 27%, while for Bitcoin, it was 22.6%.
Mocking Critics and New Calculations
On July 22, Eric Trump published a new post on X, where he ironically addressed his critics, stating that ultimately his advice on cryptocurrencies was correct. He noted that the return on investment in ETH would have been 35% if purchased on February 4. However, experts clarify that the actual return from the average price of $2900 is about 27%.
“In the end, I turned out to be right — investing in Ethereum (ETH) would have yielded a 35% profit over five months.”
As of July 22, Ethereum is trading at $3686, although recently the price exceeded $3800 but did not hold at that level.
Bitcoin is currently trading slightly below $119,000. Considering the average price of $96,842 as of February 6, the return on investment in the first cryptocurrency is 22.6%.
Previously, Eric Trump expressed support for cryptocurrencies at the TOKEN2049 conference, emphasizing their advantages over traditional financial systems.