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Financial reports indicate that Trump's second son, Eric Trump, recently stated, "stop betting on the fall of Bitcoin and Ethereum," "otherwise you will be crushed."
On August 9, according to the Wall Street Journal, European and Ukrainian officials revealed that Russian President Putin proposed a comprehensive plan for a ceasefire in Ukraine to the Trump administration this week, demanding significant territorial concessions from Ukraine and pushing for global recognition of its claims in exchange for halting military actions. European officials expressed serious concerns about the proposal, as it implies that Ukraine must surrender territories in Eastern Ukraine, including the Donbas region, while Russia has made almost no commitments beyond stopping military actions. After Putin conveyed this proposal to the US Special Envoy for Middle East Peace, Wittekov, in Moscow on Wednesday, it triggered urgent diplomatic consultations. This week, European and Ukrainian officials stated that they are worried that Putin is merely using the proposal as a strategy to evade the new sanctions and tariff penalties that the US is about to impose.
On August 8, Jin10 reported that U.S. President Trump posted on social media: "Tariffs are having a huge positive impact on the stock market. New records are being set almost every day. In addition, 100s of billions of dollars are pouring into the U.S. treasury. If a radical left-wing court makes an unfavorable ruling against us at this time, trying to suppress or disrupt the largest flow of funds, wealth creation, and influence in American history, we will never be able to recover or repay these huge amounts, nor restore our honor. That would be a replay of 1929, a Great Depression!"
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