If you followed Eric Trump’s advice to add Ethereum to your portfolio earlier this year, then that position is finally rewarding.
“In my opinion, it’s the best time to add $ eth,“Trump tweeted at that time.
Looking at Ethereum, when Trump first called, February 4th to July 9th, the second largest code withstanded the roller coaster.
Ethereum experienced a significant decline throughout March and April, falling below $1,500 as pessimism and broader geopolitical factors dominated the market.
Still, if you followed his advice, your investment will increase by about 2.9%–Estimated between the $2,870 level at Trump’s time Tweet Prices for Thursdays are $2,962 per Coingecko data.
Price swing began a day before Trump’s tweet Ethereum fell by nearly 18% Up to $2,544 amid the liquidation madness caused by a substantial wipeout of overamplified long positions.
That decline was exacerbated by an increase in macroeconomic uncertainty stemming from President Donald Trump. Customsand broader concerns about inflation and central bank uncertainty.
About 24 hours later, Donald Trump announced a temporary suspension on the proposed tariffs against Canada, causing a short-lived revival.
The market interpreted the move as a sign that eased trade tensions and helped to promote double-digit gatherings with other major cryptography.
But wider downtrends continuation Until March, analysts call it “a miserable run.” The market needed a “circuit breaker of sentiment,” according to Pav Hundal, lead market analyst at Swyftx. Decryption at that time.
By the first week of April, tariffs imposed on China by Eric’s father came into effect, causing a wider global tariff shaking. Sent Ethereum, along with Bitcoin and other crypto assets, has become a fierce volatility for weeks.
May brought a strong comeback and Ethereum surged beyond $2,700 as buyers returned with fresh enthusiasm Pectra Upgrade.
still A month laterEthereum prices remained close to $2,800 despite the importance of deployment. The upgrade improved functionality, but did not cause breakouts and network activity remained suppressed.
By late June, Ethereum was stable in a healthier position than its April low, but below its February peak. According to Coingecko data, it was the first time since Trump’s tweet that Ethereum had broken and held above levels.
At the time of writing, Ethereum is closed at a $3,000 level. Latest breakouts To the newest thing ever.
