Eric Trump reitrates claim bitcoin is just getting started on its road to $1 million

• Eric Trump reiterated his prediction that bitcoin will eventually reach $1 million, saying he has never been more bullish on the cryptocurrency.
• Speaking at the World Liberty Financial forum at Mar-a-Lago, he cited bitcoin's roughly 70% average annual gain over the past decade and challenged critics to name a better-performing asset class.
• His renewed optimism comes despite bitcoin trading below $67,000 and falling from its 2025 peak above $126,000, and as the Trump family deepens its involvement in crypto through the World Liberty Financial venture.

Eric Trump doubled down on his $1 million price prediction for bitcoin BTC$67,852.62 and said he has never been more bullish during the World Financial Forum that took place in Mar-a-Lago.

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.

• Facing investor calls for redemptions, private-equity company Blue Owl Capital (OWL) late this week said it is selling $1.4 billion in assets.
• Former Pimco chief Mohamed El-Erian suggested the news was a "canary-in-the-coal-mine" moment similar to 2007's collapse of two Bear Stearns hedge funds that presaged the global financial crisis.
• The U.S. government's and Federal Reserve's ultimate response — bank bailouts, ZIRP and QE — helped birth Bitcoin in early 2009 and foster its run from an idea to a $1 trillion asset.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.