Eric Trump, son of US President Donald Trump, mentioned the best time to buy Ethereum (ETH) on his social media, causing the price of Ethereum to temporarily rise to 2,900.
On the 3rd (local time), Eric Trump posted on X, "In my opinion, now is a good time to buy some more ETH. You'll thank me later."
But he later removed the phrase "you'll thank me later." Such comments came as President Trump temporarily put a hold on plans to impose tariffs on Canada and Mexico.
Trump's tariff announcement caused the cryptocurrency market to crash between February 2-3, with Ethereum plummeting 16% in one hour to $2,368.
However, after President Trump announced the suspension of tariffs, the market rebounded and ETH prices recovered the $2,700 line, then rose to $2,913, and are currently at $2.
It is trading at the $722 level.
2025/02/05 10:01 KST
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