Eric Trump Shills Bitcoin (BTC), Sending the King of Cryptos Past $98K

Eric Trump, son of US President Donald Trump, is shilling cryptocurrencies again, this time saying it's a great time to buy Bitcoin

Eric Trump, son of US President Donald Trump, has once again taken to social media to promote cryptocurrencies, this time suggesting that it's an optimal time to buy Bitcoin.

Following the post by Eric Trump, the price of Bitcoin rose from $96,900 to above $98,000. This marked a less than 1% 24-hour gain for the Bitcoin price, which is still down over 6% on the weekly time frame.

Eric Trump's latest cryptocurrency post follows comments earlier this week by Donald Trump’s crypto czar, David Sacks, who stated that Bitcoin is an ”excellent store of value” and that the US is heading into a ”golden age” for digital assets.

World Liberty Financial Stocks Up On ETH – Is BTC Next?

World Liberty Financial has been observed making significant Ethereum purchases in recent times. According to on-chain data shared by Arkham Intelligence, the platform executed two $10 million Ethereum buys.

With Eric Trump suggesting that it's a good time to buy Bitcoin, many speculate that World Liberty Financial will soon start aggressively accumulating BTC.

This, coupled with the potential launch of a US strategic Bitcoin reserve, could lead to an influx of buying pressure in the leading crypto’s order books. This might also have a positive ripple effect on the rest of the crypto market.

How To Position For A Bitcoin Bull Run After Eric Trump Shilled BTC?

For anyone who wants to position for a potential Bitcoin bull run, Best Wallet (BEST) has features needed for investors to secure, store and grow their digital asset portfolio all within one app, and its presale for the BEST token has just stormed past $9.2 million in funding.

According to Crypto Gains, a popular YouTuber with over 141K subscribers, the ongoing BEST presale could potentially soar 10X after its launch.

The app supports over 60 blockchains and comes with a native staking solution. On top of that, it also flags high potential, early-stage projects through its “Upcoming Tokens” section.

This feature has already identified Catslap (SLAP) and Pepe Unchained (PEPU), which have went on to print massive gains for early investors.