Eric Trump praises father's strategy of announcing crypto reserves

Eric Trump, the son of former US President Donald Trump, has expressed strong support for the disclosure of his father's cryptocurrency reserve fund on Sunday - when traditional financial markets are closed. Meanwhile, the crypto market trades 24/7. In a recent tweet, he emphasized that this move brings advantages for small investors and issued a warning that traditional financial institutions need to adapt quickly to new trends, or they will become outdated in the context of global financial changes. Advantages for Small Investors In his tweet, Eric Trump wrote: "I love the genius of releasing strategic reserves on Sunday, when traditional markets are closed and Wall Street is sleeping. For the first time, retail investors won. Traditional finance needs to catch up, or it will quickly become extinct. The world no longer operates on a Monday to Friday schedule from 9 a.m. to 5 p.m."

This announcement is seen as a strategic move, taking advantage of a time when the traditional financial market is not active to create opportunities for individual investors - those who are often disadvantaged compared to large organizations on Wall Street. According to Eric Trump, this is the first time that small investors can take advantage of an important announcement without being affected by manipulation or immediate reactions from large investment funds. This morning, a trader on the Hyperliquid derivative platform made 7 million USD in just 24 hours after opening a long position using 50x leverage, just before President Donald Trump announced plans to establish a cryptocurrency reserve fund on Sunday. Context of Supporting Electronic Currency Policy The announcement of the US strategic cryptocurrency reserve is not a random action. In January 2025, President Donald Trump signed an executive order establishing a working group on digital assets, with the aim of researching and promoting the accumulation of cryptocurrencies as part of the national financial strategy. This decision marks a major step in the US government's recognition and support for cryptocurrencies, paving the way for future policies supporting digital assets. Immediately after the announcement on Sunday, the cryptocurrency market had a strong positive reaction. Bitcoin price surged over 11%, reaching $95,000, while Ethereum also recorded a significant increase. Analysts believe that the market's enthusiasm reflects confidence in the crypto-friendly policies of the Trump administration, reinforcing the role of the US in the global race for digital assets. Changes in Global Financial Dynamics Eric Trump's tweet not only praises a specific decision but also emphasizes a larger trend: The outdatedness of the traditional financial model. With the cryptocurrency market operating continuously 24/7, unrestricted by the 9-5 work hours or Monday to Friday schedule, traditional financial institutions are facing pressure to adapt to the times. He warned that if these organizations do not adapt to the rapid development of digital assets, they risk being left behind and becoming increasingly irrelevant in the ever-evolving global financial landscape. 'The world no longer operates on a traditional schedule,' Eric Trump asserted, emphasizing the growing importance of cryptocurrency in shaping the future of finance.