Eric Trump, who resembles U.S. President Donald Trump, is an enthusiastic supporter of Bitcoin and cryptocurrency, and has once again confirmed his support for Bitcoin. In a speech at the SALT Conference in Jackson Hole, Wyoming, USA, Eric Trump emphasized his optimistic vision for BTC, stating that the value of Bitcoin will reach 1 million dollars in the long term.
Eric Trump, self-proclaimed 'Bitcoin maxi', stated that he predicts Bitcoin will reach 175,000 dollars by the end of this year in the near term.
"There is no doubt that Bitcoin will eventually reach 1 million dollars. But I predict it will reach 175,000 dollars by the end of this year."
Trump also added that he spends more than 50% of his time on cryptocurrency.
Earlier, Eric Trump shared analysis from cryptocurrency expert Ted Pillows, who suggested that Ethereum could have traded above 8,000 dollars. This expert believes that ETH is currently undervalued compared to its true worth and is one of the best opportunities in the market. Eric Trump shared this analysis and agreed.
In previous statements, Eric Trump mentioned that he has invested in alternative cryptocurrencies called Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).
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