- Eric Trump’s $8,000 Ethereum prediction linked to global M2 expansion.
- World Liberty Financial influences with large ETH acquisitions.
- ETH sees increased demand from institutions and ETFs.
Eric Trump has predicted Ethereum should be at $8,000, citing global M2 expansion alongside increased institutional interest in Ethereum ETFs, as stated on Twitter.
This prediction highlights potential market shifts, as Ethereum experienced a 5% price increase following Trump’s endorsement, reflecting growing institutional and personal conviction in its value.
Eric Trump, co-founder of World Liberty Financial, forecasts Ethereum’s rise to $8,000, citing global M2 money supply changes. Key developments include major institutional interest and strategic acquisitions.
Trump has openly backed Ethereum, endorsing its value on social media. World Liberty Financial has accumulated substantial ETH, reinforcing a bullish outlook on the cryptocurrency’s future.
Ethereum ETF inflows have surged, marking a 5% increase in Ethereum price following Trump’s endorsement. This indicates strong institutional demand.
These trends showcase financial shifts, with expanding ETF assets under management and increased market liquidity, directly linked to institutional adoption.
The predictions draw on past patterns where BTC dominance declines have led to ETH rallies. Historical ETF launches have consistently caused price surges, supporting Eric Trump’s forecast for Ethereum.
Analysts project potential financial benefits with anticipated regulatory changes. Ethereum’s technological developments, such as network upgrades, further bolster the positive outlook. Data backs ETH’s upside potential under current macroeconomic conditions.
Ethereum should already be priced above $8,000, in line with global M2 expansion. — Ted Pillows, Analyst
