Ethereum Plummets 53% Following Eric Trump’s Endorsement

Ethereum (ETH) has suffered a significant drop of 53%, dropping from around $3,400 to its current price of $1,550 since Eric Trump, son of U.S. President Donald Trump, posted his enthusiastic endorsement on X (formerly Twitter) in February 2025. Experts note that this sharp decline is directly linked to the announcement of tariffs on goods from Canada, Mexico, and China. While ETH saw a brief surge following Trump’s endorsement, it experienced an immediate reversal as news broke of these tariffs. Now, those who followed Eric’s advice are facing substantial financial losses, with many questioning his investment prediction.