If you bought Ethereum when Eric Trump said that, you are finally in the green

If you followed Eric Trump’s advice earlier this year to add Ethereum to your portfolio, that position has finally paid off.

“In my opinion it is a good time to add $ Eth,“Trump tweeted at the time.

Looking at Ethereum from February 4, when Trump first made the call, until July 9, the second largest crypto has passed a roller coaster run.

Ethereum experienced considerably decreases in March and April, with a bottom of almost $ 1,500 because pessimism and wider geopolitical factors dominated the market.

But if you had followed his advice, your investment would rise by around 2.9%–estimated between the level of $ 2,870 at the time of Trump’s tweet and the price of Thursday from $ 2,962, per Coingecko data.

Price Swings started a day before Trump’s tweet, when Ethereum fell almost 18% Up to $ 2,544 in the midst of a frenzy of liquidations caused by a considerable wipeout of over -over long positions.

That drop was exacerbated by rising macro -economic uncertainty due to President Donald Trump ratesAs well as wider concerns about inflation and jitters in the central bank.

About 24 hours later, Donald Trump announced a temporary break for proposed rates against Canada, which causes a brief revival.

The market interpreted the move as a sign of relieving trade tensions, which helped to feed a double digit rally over other large cryptos.

But the wider downward trend continued Until well in March, with analysts who call it a ‘miserable run’. The markets needed ‘a circuit breaker on sentiment’, PAV Hundal, lead market analyst at Swyftx, said Decrypt At that time.

By the first week of April, the rates had imposed on China in operation by Eric’s father, which activated a broader global tariff shaking that sent Ethereum, together with Bitcoin and other crypto assets, in weeks of intense volatility.

May brought in a powerful reversal, with Ethereum who recovered more than $ 2,700 when buyers returned with new enthusiasm after the Pectra -upgrade.

Yet one month afterThe price of Ethereum continued to retain almost $ 2,800, roughly flat compared to pre-upgrade levels, despite the meaning of the rollout. Although the upgrade improved the functionality, it did not arouse outbreak and the network activity remained modest.

At the end of June, Ethereum was stabilized to a healthier position than its lows in April, although it remained under the peaks of February. It was the first time since Trump’s tweet that Ethereum broke and kept above the level, according to Coetecko’s data.

At the time of writing, Ethereum closes at the level of $ 3,000, after having won 6.2% on the day, mainly driven by Momentum of Bitcoin’s Latest Breakout To a new of all time.