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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Eric Trump Steps Into Market Talk, Says ‘Buy The Dips’

Christian Encila
Christian Encila
Last Updated: September 28, 2025 8:00 pm
2 mins read
Trump

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Eric Trump returned to social media this week with a short, blunt message for crypto investors: “Buy the dips!”

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According to his post on X, the repeated slogan arrived as Bitcoin and Ethereum were under selling pressure, and it drew quick attention from traders and analysts alike.

Trump’s Crypto Footprint

Based on reports, Eric Trump’s comments come as the Trump family’s business moves into the crypto sector in a bigger way.

He and his brother backed American Bitcoin, and their stake in that company swelled to about $1.5 billion after the firm’s recent market action.

American Bitcoin’s public moves and partnerships have pushed the family further into mining and accumulation strategies, which makes Eric’s calls more than casual commentary.

Buy the dips!

— Eric Trump (@EricTrump) September 26, 2025

Market players noticed the timing. Bitcoin has been trading lower this week, with prices near $109,500, a slide of more than 6% over seven days, while Ethereum hovered around $4,020, down by about 8% in roughly the same span.

Those drops, small by some historical standards but sharp enough to stir nerves, set the scene for the “buy the dips” rallying cry.

Market Moves And Reactions

Reaction to Eric Trump’s message was mixed. Some retail traders echoed the sentiment, using it as a buy signal. Others pushed back.

Analysts warned that public endorsements often coincide with heightened short-term volatility. Reports flagged a pattern: when high-profile figures urge buying at perceived lows, price swings can follow before any sustained recovery.

BTCUSD now trading at $109,615. Chart: TradingView

There is precedent that tempers enthusiasm. After one prior push by Mr. Trump to increase exposure to Ethereum earlier this year, ETH fell about 35% in the months that followed before later staging a rally.

Experts Urge Caution

Beyond price moves, some observers pointed out possible conflicts of interest. Reports have tied Eric Trump to advisory roles at Metaplanet and to business ventures that stand to benefit if demand for listed crypto-related stocks rises.

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Those ties have drawn scrutiny from lawmakers and watchdogs concerned about influence and optics.

Meanwhile, market veterans said the basic math matters more than a slogan. Macro forces, liquidity flows, and institutional positioning usually drive sustained trends.

Social posts can spark quick buying or selling. They rarely change the underlying balance of supply and demand by themselves. Short-term traders often act on sentiment. Long-term holders watch fundamentals. Both groups felt the echo of this latest push.

Featured image from Mandel Ngan/AFP/Getty Images, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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