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

Bitcoin Price Nears $98K Following Eric Trump’s ‘Great Time to Enter BTC’ Statement

February 6, 2025

Bitcoin rose above $98,000 during Thursday’s Asian trading hours after Eric Trump, son of U.S. President Donald Trump, encouraged BTC investment on X.

“[It] feels like a great time to enter BTC,” 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-nears-usd98k-as-eric-trump-encourages-btc-investment

2025-02-06 04:47:54

byOmkar Godbole
Updated

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tokenize-xchange
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bitcoin
Bitcoin (BTC) $ 82,573.12 2.03%
ethereum
Ethereum (ETH) $ 1,877.55 2.80%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.31 5.10%
bnb
BNB (BNB) $ 596.35 0.26%
solana
Solana (SOL) $ 130.05 2.79%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.708445 5.20%
dogecoin
Dogecoin (DOGE) $ 0.168253 3.80%
tron
TRON (TRX) $ 0.213519 4.77%
staked-ether
Lido Staked Ether (STETH) $ 1,875.94 2.84%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,369.07 1.91%
pi-network
Pi Network (PI) $ 1.46 0.68%
leo-token
LEO Token (LEO) $ 9.61 0.61%
chainlink
Chainlink (LINK) $ 13.56 3.51%
the-open-network
Toncoin (TON) $ 3.38 14.87%
usds
USDS (USDS) $ 1.00 0.02%
stellar
Stellar (XLM) $ 0.265124 3.69%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,241.39 2.96%
hedera-hashgraph
Hedera (HBAR) $ 0.186636 4.04%
avalanche-2
Avalanche (AVAX) $ 18.52 0.27%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 0.41%
sui
Sui (SUI) $ 2.23 4.25%
litecoin
Litecoin (LTC) $ 89.15 5.13%
bitcoin-cash
Bitcoin Cash (BCH) $ 326.33 4.84%
mantra-dao
MANTRA (OM) $ 6.56 1.04%
polkadot
Polkadot (DOT) $ 4.22 3.07%
ethena-usde
Ethena USDe (USDE) $ 0.99996 0.01%
weth
WETH (WETH) $ 1,875.60 2.90%
bitget-token
Bitget Token (BGB) $ 4.37 1.27%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.06%
hyperliquid
Hyperliquid (HYPE) $ 13.45 6.55%
whitebit
WhiteBIT Coin (WBT) $ 28.69 0.69%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,989.45 3.00%
monero
Monero (XMR) $ 209.84 0.16%
uniswap
Uniswap (UNI) $ 6.04 1.56%
susds
sUSDS (SUSDS) $ 1.04 0.02%
dai
Dai (DAI) $ 0.999904 0.00%
aptos
Aptos (APT) $ 5.19 2.23%
near
NEAR Protocol (NEAR) $ 2.54 3.62%
pepe
Pepe (PEPE) $ 0.000007 4.77%
okb
OKB (OKB) $ 45.35 1.58%
internet-computer
Internet Computer (ICP) $ 5.62 1.92%
mantle
Mantle (MNT) $ 0.805077 8.04%
ondo-finance
Ondo (ONDO) $ 0.83201 5.27%
ethereum-classic
Ethereum Classic (ETC) $ 17.34 3.46%
gatechain-token
Gate (GT) $ 20.97 1.34%
coinbase-wrapped-btc
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aave
Aave (AAVE) $ 165.51 5.41%
tokenize-xchange
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