Eric Trump Encourages World Liberty Financial to Invest in Bitcoin as the Cryptocurrency Nears $98K

Eric Trump’s Tweet Pushes Bitcoin to $98K, Sparking Renewed Investment Talk

Bitcoin (BTC) surged above $98,000 on Thursday during Asian market hours, following a tweet from Eric Trump, the son of U.S. President Donald Trump, urging the family-backed platform to consider investing in the cryptocurrency.

“Feels like a great time to enter BTC, @worldlibertyfi,” Eric Trump posted on X at 1:41 UTC. The tweet coincided with a price jump from $96,900 to $97,830, with CME micro futures climbing past $98,000, according to TradingView data.

Earlier in the week, David Sacks, an advisor on AI and crypto under the Trump administration, had suggested that a strategic bitcoin reserve is being evaluated. However, his remarks left some market participants disappointed, as they had expected a quicker decision on the matter.

  • Related Posts

    Robinhood increases buyback authorization to $1.5 billion with shares still trending lower

    Robinhood has unveiled a new $1.5 billion share repurchase program, expanding its buyback capacity as the stock continues to trade significantly below its recent peak. According to a filing with…

    Continue reading
    Bitcoin gains modestly on ceasefire optimism; oil sinks 4%

    Crypto markets spent most of the session under pressure before recovering slightly late in the day on fresh geopolitical headlines. Losses narrowed shortly after the close of U.S. equities, with…

    Continue reading
    You have not selected any currencies to display