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Author: Admin | 2025-04-28
Bitcoin Edges Near $98K as Eric Trump Pushes World Liberty Financial to Make Bitcoin InvestmentEric Trump, son of U.S. President Donald Trump said on X that it feels like a great time to enter BTC.Updated Feb 6, 2025, 5:49 a.m. UTCPublished Feb 6, 2025, 4:47 a.m. UTCBitcoin (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. Omkar GodboleOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.X icon
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