Eric Trump Declares Bitcoin $1M Target, Says Floodgates Are Open
Eric Trump, co-founder of American Bitcoin, has made one of his boldest statements yet on cryptocurrency. Speaking on Fox Business’s Making Money With Charles Payne on September 29. He predicted Bitcoin will eventually surpass $1 million per coin, calling the asset’s adoption wave “unstoppable.” Eric Trump, who has been a vocal supporter of Bitcoin. Described himself as “more bullish than ever” and suggested that global demand is reaching a critical turning point.
Strong Endorsement on National Television
During the interview, Eric Trump emphasized Bitcoin’s efficiency compared with traditional finance. He noted the difficulty of moving large sums through banks. He contrasts it with Bitcoin’s ability to transfer hundreds of millions instantly. “Why can’t I send hundreds of millions instantly? With Bitcoin, you can,” Trump remarked.
He argued that cryptocurrency is no longer just an alternative. But it is fast becoming a core component of modern finance. Stablecoins and ETFs, he said, are further expanding Bitcoin’s accessibility to everyday investors and institutions alike. The co-founder also highlighted American Bitcoin’s role in providing investors. With direct exposure to Bitcoin and mining. By pairing investment access with infrastructure, he believes the company is building the foundation for mass adoption in the United States.
Path to $1 Million Bitcoin
Pressed by Payne on how Bitcoin might realistically reach the $1 million mark. Eric Trump pointed to both technological and regulatory progress. Spot ETFs, which became available for the first time this year. It provides a mainstream gateway for institutions to participate. He compared the current stage of crypto adoption to being “on the one-yard line with the whole field still ahead.”
“I’ve never been more bullish on anything in my life,” Trump declared. He stressed that legislation in the United States has improved dramatically. With stronger regulatory clarity and more corporate involvement. He argued the environment has never been more favorable. At the time of the interview, Bitcoin was trading near $115,000. A sharp rise from $40,000 earlier in the year. Trump noted the psychological shift among buyers: “I saw everybody buy it at $40,000. Now here we are at $115,000 and the demand is stronger than ever.”
Institutional and Global Demand Rising
Eric Trump revealed that he has spoken with some of the largest corporations and wealthiest families worldwide. All of whom are increasingly seeking Bitcoin exposure. “Every single one of them is racing to buy Bitcoin,” he said. This institutional rush, in Trump’s view, represents the true opening of the “floodgates.” With trillions in capital sitting in traditional assets. Even modest reallocations into Bitcoin could drive the price to unprecedented levels.
He added that American Bitcoin is positioned to benefit from this trend by offering investors direct and secure ways to participate. “I’m incredibly proud of what we’re building,” Trump said. He is calling the company “one of the great companies in the country.”
A Bullish Vision for Bitcoin’s Future
While Eric Trump did not offer a precise timeline for Bitcoin reaching $1 million. He underscored that the conditions for long term growth are now firmly in place. From ETF inflows to legislative support and rising adoption. He believes the environment is more bullish than at any point in Bitcoin’s history.
For Eric Trump, the momentum is clear. Bitcoin has shifted from being a speculative asset to becoming an integral part of global finance. With Wall Street, corporations and family offices all entering the space. He insists the asset’s future trajectory is only upward. “Bitcoin is here to stay,” Eric concluded. “And the world is finally starting to realize it.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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