Eric Trump is doubling down on his pro-crypto stance, urging investors to take advantage of the latest market downturn to accumulate Bitcoin and Ethereum.
Speaking as Web3 Ambassador for World Liberty Finance (WLFI), Trump echoed his earlier advice from February, when he told traders to buy into Bitcoin weakness — a call that preceded a 15% rise in BTC and a 20% climb in ETH over the following months.
His latest push comes amid a sharp sell-off across the crypto sector. Bitcoin slipped under $113,000, briefly touching $112,724, while Ethereum dropped nearly 5% to $3,460.
Major altcoins were also hit hard, with XRP and Solana both losing more than 5% of their market caps. On-chain data shows heavy selling activity during the slump, with ETFs taking a notable share of the outflows.
Trump says his confidence in BTC and ETH is rooted in macroeconomic trends. In late July, he argued that global M2 money supply expansion alone should place Ethereum’s fair value above $8,000. He also highlighted ambitions for American Bitcoin — a venture he co-founded with mining firm Hut 8 — to become the largest corporate BTC holder in the United States.
