Donald Trump’s Ethereum Pile Soars $1 mn In Value
Republican Presidential candidate Donald Trump’s Ethereum holdings have risen by $1 million in the last 30 days, according to blockchain intelligence firm Arkham Intelligence. Trump’s ETH holdings were valued at over $2.7 million in October. Bitcoin has been rallying, with BTC reaching close to $44,000 and ETH hovering around $2,300.
The surge can be attributed to dropping interest rates and expectations for a spot Bitcoin ETF in the US. Trump’s ETH wallet now holds over $3.7 million, indicating a 37% increase in his portfolio.
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