Eric Trump urges crypto buys amid large-scale selling and price drops

Eric Trump, son of former U.S. President Donald Trump, has urged investors to consider seizing opportunities in the cryptocurrency market amid recent turbulence. His comments came as Bitcoin and Ethereum experienced significant price declines in early August, with on-chain data revealing large-scale asset sales by funds. Despite the volatility, Trump argued that current price drops could represent entry points for long-term investors, a perspective that has drawn both support and caution within investment circles [1].

The market has been marked by sudden selling waves, particularly among large investors and ETFs. This mass liquidation has contributed to the downward pressure on crypto prices, with many experts noting that such selling is a primary driver of the current downturn. Real-time data tracking tools like CryptoAppsy have become essential for investors monitoring fund activity and market sentiment [2].

While some analysts suggest that the pullbacks in major cryptocurrencies could be a buying opportunity, they also emphasize the need for caution. The crypto market remains highly unpredictable, with short-term movements heavily influenced by investor behavior and macroeconomic factors. Trump’s remarks align with a broader trend of institutional investors beginning to explore crypto assets as part of diversified portfolios, though many remain cautious due to regulatory and market uncertainties [3].

Trump’s call to action has sparked varied reactions in the financial community. Some market participants view his comments as a strategic endorsement of digital assets during economic instability, particularly in the face of fluctuating U.S. policies and inflation concerns. Others highlight the risks involved, noting that the ongoing selling pressure could lead to further price declines, especially if major fund managers continue to offload positions [4].

The broader economic landscape remains complex, with factors such as housing market challenges, labor market shifts, and geopolitical tensions contributing to an environment of uncertainty. In such a climate, alternative investments like cryptocurrencies are increasingly being discussed as potential hedges against traditional market risks. However, the regulatory framework surrounding crypto assets remains a key area of concern for investors and analysts alike [5].

As the market continues to evolve, the interplay between investor behavior, macroeconomic conditions, and regulatory developments will likely shape the trajectory of the crypto sector. Eric Trump’s advocacy for crypto investments during this period of turbulence reflects a growing recognition of the asset class’s potential, but also underscores the need for a measured and informed approach to navigating its inherent risks [6].

Sources:

[1] Inside Economics. (2025, July 25). Running the Economic Gamut. https://www.moody.com/inside-economics

[4] Global Risk Insights Resource Center. (2025, August 2). Institutional Investors Dip Their Toes in Historically Turbulent Crypto Waters. https://www.garp.org/risk-insights-resources