Ethereum Price Soars 40% Amid Trump’s Influence, hitting $2.48K in a week as of May 13, 2025. Experts debate if political moves or fundamentals drive this surge. This article delves into Ethereum price surge factors, Trump’s impact on crypto markets, and Ethereum ETF outflows concerns.
Ethereum’s Rapid Price Surge
Ethereum Price Soars 40% Amid Trump’s Influence, climbing to $2.48K per Coinmarketcap on May 13, 2025, at 12:30 MSK. Over the past seven days, ETH outpaced bitcoin’s 10% gain ($103.3K), XRP’s 21%, BNB’s 10%, and SOL’s 20%. The crypto market cap rose 14% to $3.3 trillion. Unity Wallet’s James Toledano notes renewed market optimism but cautions that this rally may lack fundamental backing.
Trump’s Impact on Crypto Markets
Toledano attributes the surge to Trump’s impact on crypto markets, pointing to U.S. trade policy shifts. While some experts cite fundamentals like OTC investor demand, crypto ETF inflows, and easing trade tensions, skepticism persists. Ethereum ETF outflows concerns are evident, with a $55M net outflow from Ethereum ETFs versus a $600M inflow for bitcoin ETFs, per Sosovalue data up to May 12. Fineqia’s Matteo Greco suggests retail crypto investors, not institutions, are driving this rally.
Pectra Update and Future Prospects
The Ethereum Pectra update in early May, hailed as the biggest since the 2022 proof-of-stake shift, may support future institutional adoption, says Derive’s Sean Dawson. However, Parataxis Capital’s Edward Chin doubts its immediate price impact, arguing ETH needs stronger incentives for investors. Without institutional demand, Toledano sees consolidation but not a new all-time high for ETH, which remains 50% below its peak despite bitcoin nearing its record of $110K.
Ethereum Price Soars 40% Amid Trump’s Influence, but its reliance on political sentiment and lack of institutional support raise questions about sustainability.
