Eric Trump Reaffirms $1 Million Bitcoin Prediction
At the Bitcoin Asia Conference in Hong Kong, Eric Trump—Vice President at The Trump Organization—stood by his bold forecast:
“There’s no question bitcoin hits $1 million.”
He emphasized institutional demand and Bitcoin’s fixed supply as the driving forces. This optimism comes despite Bitcoin pulling back from its mid‑August high of ~$124,500 and trading near $110.5K.
Ethereum Achieves Its Highest Monthly On‑Chain Volume Since 2021
August proved explosive for Ethereum:
Monthly on-chain volume surged above $320 billion, the highest since mid‑2021.
Activity across DeFi and smart contracts is rebounding strongly, signaling renewed investor interest and network usage.
Market Snapshot
BTC Outlook: Bullish sentiment sparked by bold predictions—but beware of speculative volatility.
ETH Momentum: On-chain data shows real growth and engagement—this time, the activity follows algorithms and users, not hype.
Final Thought
Eric Trump’s $1M BTC prophecy grabs headlines, but Ethereum’s robust on-chain revival offers real substance. As price predictions stir excitement, on-chain metrics reveal the true pulse of crypto adoption and network health.
