“Bitcoin Takes $1 Million,” Says Eric Trump at Bitcoin Asia conference
Eric Trump recently took the stage at the Bitcoin Asia conference in Hong Kong, voicing strong support for the crypto industry. He praised the Bitcoin community and highlighted how it stood behind his father, Donald Trump, before he secured his second U.S. presidential term.Donald Trump’s administration has already created a friendlier regulatory climate for digital assets. With Eric Trump reinforcing the family’s stance, analysts believe the Trumps’ growing influence could drive greater institutional confidence and broader adoption of Bitcoin.Eric Trump’s Bold $1 Million Bitcoin Price PredictionEric Trump made headlines with a bold statement: “There’s no question. Bitcoin takes $1 million.” His forecast reflects the belief that Bitcoin will remain a store of value and become a pillar of the global financial system, offering an alternative to traditional structures strained by inflation and debt.While ambitious, the $1 million target is in line with predictions from some long-term crypto bulls, who expect institutional demand, sovereign adoption, and liquidity expansion to push Bitcoin higher over the coming years.Trump Family Ventures in Bitcoin and CryptoThe Trump family’s involvement in the crypto sector goes beyond public support. Eric Trump and Donald Trump Jr. are backing American Bitcoin, a mining firm currently eyeing acquisitions in Asia. According to the Financial Times, the company is also preparing to go public on the NASDAQ soon.Eric Trump further highlighted the geopolitical dimension of digital assets, noting that “China is a hell of a power in the crypto sector.” In another sign of global expansion, Eric Trump is set to attend a shareholder meeting of Japanese Bitcoin treasury company Metaplanet on September 1, as reported by Bloomberg.These ventures, along with Trump’s broader support for crypto, have also contributed to the family’s growing wealth.Bitcoin Price Prediction 2025So far, 2025 has been strong for Bitcoin, with a sharp rally to $124,480 in mid-August. This rise was fueled by clearer U.S. regulations and steady inflows from institutional players. At the Wyoming Blockchain Symposium, Eric Trump declared himself a “bitcoin maxi”, predicting that BTC could reach $175,000 this year and ultimately $1 million long-term. Currently, Bitcoin is trading around $110,500, reflecting only a modest pullback of just over 1%. Despite this dip, market optimism remains firm, especially after Eric Trump’s bullish forecast.FAQsWhat is Eric Trump’s Bitcoin price prediction? He forecasted Bitcoin at $175,000 in 2025, with a long-term vision of $1 million, sparking debate over how soon it could happen. Can Bitcoin really hit $1 million? Eric Trump insists it’s inevitable, but analysts warn the road could be filled with unexpected shocks before BTC gets there. How is the Trump family influencing Bitcoin? Through American Bitcoin mining and global alliances, they’re shaping the narrative, but whether it translates into price action is uncertain.