Date: 2025-03-31
Ethereum’s native token, Ether (ETH) has lost almost half its value two months after Eric Trump, son of US President Donald Trump, told his 5.7 million followers that it was a “great time” to add the biggest altcoin to their portfolios.Source: X/Eric TrumpPresident Trump spoils son’s bullish ETH outlookAs of March 31, Ether was trading for as low as $1,820, down approximately 40% since Eric Trump’s bullish tweet.ETH/USD daily price chart. Source: TradingViewMeanwhile, Ether’s crypto market share has plunged from 10.28% at the time of Eric Trump’s X post to 8.39% as of March 31, the lowest since 2020.Ethereum Dominance Index daily chart. Source: TradingViewA series of market headwind...
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