Eric Trump Renews Bitcoin Pitch as Analysts Warn of Cooling Sentiment and Key Technical Test

Overview

• In a Friday Bloomberg interview, Eric Trump said Bitcoin is up about 180% over two years and called it the decade’s best performer, arguing volatility is inherent to its long-term gains.
• On Fox Business a day earlier, he contrasted crypto with legacy banking and cited the ability to move $500 million phone to phone late on a Sunday for minimal fees.
• Benzinga reported Bitcoin recently slipped below $100,000, reflecting price pressure even as pro-crypto messaging ramps up.
• Santiment data shows trader sentiment has cooled, with Bitcoin neutral, Ethereum slightly bullish, and XRP heavily bearish.
• Analyst Rekt Capital highlighted the 50-week EMA as a crucial threshold, saying a weekly close back above it is important for preserving bullish momentum.