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Eric Trump reiterates assertion that Bitcoin is only beginning its journey towards $1 million.
U.S. President Donald Trump’s son Eric Trump recognized the volatility of bitcoin but asserted that its potential benefits surpass the associated risks as prices remain under $70,000.
Eric Trump reaffirmed his forecast that bitcoin will eventually reach $1 million. (Photo by CoinDesk)
Key Points:
- Eric Trump reiterated his forecast that bitcoin will ultimately hit $1 million, stating he has never been more optimistic about the cryptocurrency.
- During his remarks at the World Liberty Financial forum at Mar-a-Lago, he highlighted bitcoin’s approximately 70% average annual increase over the last ten years and challenged critics to identify a superior asset class.
- This renewed confidence arises even as bitcoin trades below $67,000, down from its 2025 high above $126,000, and as the Trump family expands its involvement in crypto through the World Liberty Financial initiative.
Eric Trump emphasized his $1 million price prediction for bitcoin and expressed unprecedented bullishness during the World Financial Forum held at Mar-a-Lago.
President Donald Trump’s younger son amplified his long-term positive outlook for bitcoin, referring to it as “one of the top-performing asset classes” of the past ten years in a Wednesday interview with CNBC.
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“I’m a huge proponent because I believe it will reach $1 million,” Trump stated. “Look back two years. Bitcoin was at $16,000. Where is it now? Around $70,000?”
In August 2025, Eric Trump, identifying himself as a “bitcoin maxi,” predicted that bitcoin would reach $175,000 by year-end and ultimately rise to $1 million.
BTC ended 2025 at approximately $88,750, having significantly decreased from an all-time high exceeding $126,000 in early October, as per CoinDesk data.
Trump also noted that over the last decade, bitcoin has experienced an average annual growth of roughly 70%, challenging audiences to “name an asset class that has outperformed Bitcoin.”
While recognizing the asset’s volatility, Trump framed it as a necessary trade-off for its upside potential. “Volatility is expected with something that has remarkable upside,” he remarked. “But I’ve never been more bullish on bitcoin in my life. I’ve never been more bullish on cryptocurrency in my life.”
The post appears as bitcoin trades just below $67,000, having failed to regain the $70,000 mark, a level it has not reached since February 15.
The World Liberty Financial forum, conducted on Wednesday at Mar-a-Lago, is associated with World Liberty Financial, a crypto-oriented venture supported by the Trump family.
