Eric Trump, the son of US President Donald Trump, has given a bullish prediction for the future of Bitcoin (BTC). Trump projects that the leading cryptocurrency could surge to a new all-time high of $170,000 on its current trajectory. In an interview at the Bitcoin 2025 conference on Wednesday, Eric and Donald Trump Jr. said it could eclipse $170K by the end of 2026.
Bitcoin has been on a huge surge in the last month, establishing a new high of $112,000 earlier this month. With the greenback facing increased downside risk, a hedge is a necessity for investors. There have been active talks of Bitcoin potentially being this hedge, with the US even considering a Bitcoin treasury. The US has officially greenlit a BTC strategic reserve in what is a groundbreaking development for the country.
Moreover, the US crypto head Bo Hines has said, “We’re not going to sell any Bitcoin that we possibly have in the US government, period. We want as much as we can possibly get.” The US President’s sons appear to agree, suggesting Bitcoin has even more boom potential.
Also Read: White House Crypto Head Says US Will Buy as Much Bitcoin as Possible
Trump’s Sons Project Bitcoin “To the Moon”
More specifically, Don Jr. thinks Bitcoin could trade “between $175,000 and $150,000,” he said, after Eric jokingly said that the world’s largest cryptocurrency could clear “the moon” by the end of next year. “Every single day, people are allocating billions and billions of dollars to it. You know, 0.1 Bitcoin is going to be worth an absolute fortune,” Eric said, noting that demand for the hard-capped currency is outstripping supply.
Eric Trump has been an avid fan of the digital asset industry, specifically BTC. His Bitcoin firm, American Bitcoin Corporation, is set to go public through an all-stock merger with Gryphon Digital Mining. The company just announced this crypto miner deal, which represents a major expansion of the Trump family’s cryptocurrency investments, and, right now, this Nasdaq merger deal is attracting quite a lot of attention from investors and analysts alike.
With Bitcoin reaching an all-time high this year, it’s good news for the financial diversification of the US. However, it is also set to benefit the token itself, with US purchases poised to have the value continue to soar.
