Eric Trump Predicts Bitcoin Will Reach $1 Million in Future
Eric Trump predicts that bitcoin will exceed $1 million in value. He expressed this belief at the SALT conference in Jackson Hole, where he highlighted his commitment to crypto. Key points include:
- Trump co-founded American Bitcoin and dedicates over 50% of his time to crypto projects.
- He forecasts a price of $175,000 per bitcoin by year-end.
- Trump criticized the current financial system, advocating for blockchain solutions like faster transactions.
- American Bitcoin is set to go public on Nasdaq through a merger with Gryphon Digital Mining.
- Trump brothers own 20% of American Bitcoin; Hut 8 owns 80%.
Similar predictions have been made by Coinbase CEO Brian Armstrong.