This increase can clearly be seen in the 10.5% drop in the total crypto market capitalisation. ETH was one of the biggest losers of today's crypto downtrend.
The crypto market is currently experiencing one of its biggest crashes in years, which has been linked to the intensifying fears of a trade war. This decrease can clearly be seen in the 10.5% drop in the total crypto market capitalisation today. Among the biggest losers of today’s crypto downtrend was ETH, with the Ethereum price decrease being significant. This token fell below the $1500 mark, causing many community members to criticize the recent Eric Trump crypto advice. Donald Trump is also under fire from the crypto community for his aggressive tariff policy in the wake of the crash.
Why Is Eric Trump Being Criticized for His Ethereum Advice?
Earlier this year, in early February, Eric Trump came under scrutiny for his crypto advice. At the time, he tweeted that it is a great time to buy Ethereum. This post attracted a lot of criticism even then. Pierre Rochard, a Bitcoin purist, called Ethereum one of the assets to avoid investing in. Another community member also mentioned that Trump investment firm, World Liberty Financial, had recently moved to sell $175 million in ETH. As such, he commented, “Exactly what I’d say if I was about to dump a massive bag of ETH.” Eric Trump had also said to buy Bitcoin in the dip, which, since then, BTC has dropped nearly 13%.
Why Ethereum Crashed After Eric Trump Crypto Advice
Since the Eric Trump recommendation, however, the value of RTH has dropped significantly, by almost 45%. A large percentage of this decline occurred just today, as the daily Ethereum price decrease is now at 17.5%. As ETH fell to $1,492, the 30-day decrease is now at 30.27%, marking one of the biggest ETH crashes. Additionally, Ethereum is now trading 밝은대비로 연대보고서를 밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고고대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대비로 연대보고서를밝대
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