Eric Trump doubled down on his $1 million price prediction for bitcoin
President Donald Trump’s younger son doubled down on his long-term optimism for bitcoin, calling it “one of the greatest performing asset classes” of the last decade in an interview with CNBC on Wednesday.
“I’m a huge proponent because I do think it hits $1 million dollars,” Trump said. “Go back two years. Bitcoin was at $16,000. Where is it at right now, $70,000?”
In August of 2025, Eric Trump, who described himself as a “bitcoin maxi, said bitcoin would reach $175,000 before the end of the year and, eventually climb to $1 million.
BTC closed 2025 at about $88,750, having fallen sharply from an all-time high of more than $126,000 in early October, according to CoinDesk data.
Trump also said that over the past 10 years, bitcoin has climbed roughly 70% annually on average, challenging viewers to “name an asset class that has performed better than Bitcoin.”
While acknowledging the asset’s volatility, Trump framed it as a trade-off for upside potential. “You’re going to have volatility with something that has tremendous upside,” he said. “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 comes as bitcoin trades just below $67,000, after failing to reclaim the $70,000, a level it has not visited since Feb. 15.
The World Liberty Financial forum, held Wednesday at Mar-a-Lago, is tied to World Liberty Financial, a crypto-focused venture backed by the Trump family.
