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Bitcoin price. (CoinDesk) Bitcoin price. (CoinDesk)

Bitcoin (BTC) Price Edges Up Toward $98K Following Eric Trump’s ‘Great Time to Enter BTC’ Statement

February 6, 2025

Bitcoin (BTC) rose above $98,000 during Thursday’s Asian trading hours after Eric Trump, son of U.S. President Donald Trump, encouraged the family backed crypto platform to invest in bitcoin (BTC).

“[It] feels like a great time to enter BTC, @worldlibertyfi ” Eric Trump posted on X at 1:41 UTC, following which, BTC prices rose from $96,900 to $97,830. The micro CME futures topped the $98,000 mark, according to data source TradingView.

Early this week, Trump’s AI and crypto czar David Sacks said the Trump administration is evaluating the feasibility of a strategic bitcoin reserve, disappointing crypto investors anticipating a swift action on the issue.

Eric Trump’s post on X.



Source link

Omkar Godbole

https://www.coindesk.com/markets/2025/02/06/bitcoin-edges-near-usd98k-as-eric-trump-pushes-world-liberty-financial-to-make-bitcoin-investment

2025-02-06 04:47:54

byOmkar Godbole
Updated

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near
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okb
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mantle
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internet-computer
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ethereum-classic
Ethereum Classic (ETC) $ 17.75 0.26%
ondo-finance
Ondo (ONDO) $ 0.837222 2.64%
gatechain-token
Gate (GT) $ 21.44 0.21%
coinbase-wrapped-btc
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aave
Aave (AAVE) $ 168.39 1.04%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.80 1.57%
bitcoin
Bitcoin (BTC) $ 83,212.29 0.72%
ethereum
Ethereum (ETH) $ 1,903.99 0.83%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.34 1.69%
bnb
BNB (BNB) $ 617.02 0.85%
solana
Solana (SOL) $ 128.17 5.03%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.713626 3.04%
dogecoin
Dogecoin (DOGE) $ 0.171567 1.31%
tron
TRON (TRX) $ 0.212779 3.16%
staked-ether
Lido Staked Ether (STETH) $ 1,901.81 0.86%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,026.25 0.79%
pi-network
Pi Network (PI) $ 1.41 7.89%
leo-token
LEO Token (LEO) $ 9.80 0.72%
chainlink
Chainlink (LINK) $ 13.66 1.04%
the-open-network
Toncoin (TON) $ 3.52 1.83%
usds
USDS (USDS) $ 0.999883 0.02%
stellar
Stellar (XLM) $ 0.270082 1.14%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,277.86 0.93%
hedera-hashgraph
Hedera (HBAR) $ 0.189044 0.62%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 4.95%
avalanche-2
Avalanche (AVAX) $ 18.57 2.45%
sui
Sui (SUI) $ 2.29 1.38%
litecoin
Litecoin (LTC) $ 93.17 1.76%
polkadot
Polkadot (DOT) $ 4.45 3.41%
bitcoin-cash
Bitcoin Cash (BCH) $ 338.93 0.51%
mantra-dao
MANTRA (OM) $ 6.79 2.77%
ethena-usde
Ethena USDe (USDE) $ 0.999282 0.09%
bitget-token
Bitget Token (BGB) $ 4.41 0.61%
weth
WETH (WETH) $ 1,902.79 0.99%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999603 0.02%
hyperliquid
Hyperliquid (HYPE) $ 13.29 4.98%
whitebit
WhiteBIT Coin (WBT) $ 28.34 1.67%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,021.06 1.02%
monero
Monero (XMR) $ 210.79 0.19%
uniswap
Uniswap (UNI) $ 6.22 1.05%
susds
sUSDS (SUSDS) $ 1.04 0.04%
dai
Dai (DAI) $ 0.999855 0.00%
aptos
Aptos (APT) $ 5.29 0.49%
near
NEAR Protocol (NEAR) $ 2.55 1.75%
okb
OKB (OKB) $ 47.92 3.26%
pepe
Pepe (PEPE) $ 0.000007 5.10%
mantle
Mantle (MNT) $ 0.824536 5.05%
internet-computer
Internet Computer (ICP) $ 5.70 0.20%
ethereum-classic
Ethereum Classic (ETC) $ 17.75 0.26%
ondo-finance
Ondo (ONDO) $ 0.837222 2.64%
gatechain-token
Gate (GT) $ 21.44 0.21%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,169.28 0.87%
aave
Aave (AAVE) $ 168.39 1.04%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.80 1.57%