During a recent interview at the World Financial Forum held at Mar-a-Lago, Eric Trump expressed unwavering confidence in the future of bitcoin, reiterating his bold prediction that the cryptocurrency will someday reach a value of $1 million. Known for his strong advocacy for digital assets, Trump described bitcoin as “one of the greatest performing asset classes” of the past decade and emphasized his bullish outlook.
In his discussion with CNBC, Trump reflected on bitcoin’s remarkable performance over the years, pointing out its rise from $16,000 just two years ago to its current valuation of around $70,000. “I’m a huge proponent because I do think it hits $1 million,” he asserted. Additionally, he forecasted that by the end of 2025, bitcoin could surge to $175,000, despite its closing price being approximately $88,750 that year after a notable drop from earlier all-time highs.
Trump highlighted the average annual growth rate of bitcoin, claiming it has climbed roughly 70% each year for the past decade. He challenged viewers to identify any other asset class that has matched or surpassed this performance, underlining his belief in bitcoin’s potential.
While he recognized the inherent volatility of cryptocurrency investments, he positioned this characteristic as a necessary compromise for the significant upside that can come with such assets. “You’re going to have volatility with something that has tremendous upside,” he remarked emphatically, asserting, “I’ve never been more bullish on bitcoin in my life. I’ve never been more bullish on cryptocurrency in my life.”
As bitcoin currently hovers just below the $67,000 mark and struggles to regain the $70,000 threshold—a level it hasn’t seen since mid-February—Trump’s comments come at a critical time for the digital currency landscape. The World Financial Forum, which gathered stakeholders in the financial and crypto sectors, is affiliated with World Liberty Financial, a venture focused on cryptocurrency and supported by the Trump family.
