In brief
- Eric Trump said this week that he expects Bitcoin to reach a price of $1 million in the future.
- President Trump’s son highlighted the major demand and limited supply for the top crypto asset.
- He told listeners that buying now will age terrifically in the next five years.
Eric Trump thinks Bitcoin reaching a price of $1 million is inevitable.
The crypto entrepreneur and son of U.S. President Donald Trump spoke highly of the top crypto asset, making bold price claims and encouraging listeners to “buy now,” during a fireside chat at the Bitcoin Asia conference in Hong Kong.
“There’s no question in my mind that Bitcoin hits a million dollars,” Trump said in conversation with Nakamoto Holdings CEO, David Bailey. “And by the way, I don’t think it has to stop there. I think it could go a lot higher.”
To Trump, the thesis for $1 million Bitcoin seems simpler than predictions
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Author: Logan Hitchcock
