American Bitcoin Corp. (NASDAQ:ABTC) co-founder Eric Trump cheered Ethereum’s (CRYPTO: ETH) brief spike above $1,800 on Saturday, even as the token soon retraced.
‘Crypto Is The Future’
Trump shared a candlestick chart of the ETH/BTC pair showing a 1.32% gain to 0.02837, saying, “ETH is pumping hard! Great to see! Crypto is the future…”
Notably, some users were quick to point out how ETH retreated immediately following Trump’s post.
Trump has been a strong backer of ETH and famously urged investors to buy the second-largest cryptocurrency last year. Notably, ETH tanked by 48% over the next two months, resulting in criticism and mockery directed at his advocacy.
