Eric Trump Predicts Bitcoin at $1 Million, Reinforces Trump Pro-Crypto Stance
Eric Trump believes Bitcoin will eventually hit $1 million per coin. His statement aligns with Donald Trump’s vision of making the U.S. a crypto-friendly nation. Bitcoin recently reached an all-time high of $108,786 before pulling back, leaving investors eager to see if Eric Trump’s bold prediction will materialize.
Eric Trump’s $1 Million Bitcoin Prediction
Eric Trump, son of former U.S. President Donald Trump, recently made a striking statement at the Bitcoin MENA 2024 conference in Abu Dhabi, forecasting that Bitcoin (BTC) will eventually skyrocket to $1 million. His remarks, made on December 10, 2024, have sparked intense discussions in the crypto community.
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“I believe in Bitcoin. I absolutely love Bitcoin, and I’m very proud that my father stood on stage in Nashville and said that he’s going to be the Bitcoin president,” Trump declared, emphasizing the Republican leader’s stance on digital assets.
At the time of his speech, Bitcoin was trading below $100,000. Since then, it surged to a new all-time high (ATH) of $108,786 on January 20, 2025, before correcting to $96,215, about 11.42% below its peak. Despite Bitcoin’s recent volatility, Eric Trump maintains that the cryptocurrency has far greater upside potential.
Donald Trump: The ‘Bitcoin President’?
Eric Trump also suggested that under Donald Trump’s leadership, the U.S. would embrace digital assets more aggressively, positioning itself as the crypto capital of the world.
“Imagine a president who isn’t going to allow Bitcoin and cryptocurrencies to be over-regulated and stifled by high taxes,” he stated. “Someone who will fight against those institutions that have waged war on cryptocurrency.”
Donald Trump has increasingly expressed pro-Bitcoin sentiments, making campaign promises to:
- Fire SEC Chair Gary Gensler, known for his strict stance on crypto regulation.
- Explore adding Bitcoin to the U.S. Treasury, as suggested by investor Rob Nelson during a recent Roundtable discussion.
- Introduce tax-free crypto transactions, positioning Bitcoin as a legitimate financial instrument in the U.S. economy.
While Eric Trump’s $1 million Bitcoin prediction remains speculative, his statements reinforce the notion that a second Trump presidency could bring significant regulatory changes to the crypto industry.
Bitcoin’s Market Reaction
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Following his remarks, Bitcoin saw heightened investor interest, pushing the price to new highs. However, as of now, the market remains volatile, with traders closely monitoring whether the cryptocurrency can sustain its upward momentum.
Crypto analysts remain divided on whether Bitcoin can truly reach $1 million, but Trump’s bullish forecast has added a new layer of speculation to an already heated crypto market.
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