Surpassing $1 million by 2030? Trump's second son: Bitcoin is entering its "most glorious era in history"

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Author: Kurumi, Crypto City Trump's son: Bitcoin is in its most glorious era in history Eric Trump, son of US President Trump and co-founder of American Bitcoin, delivered a speech at the 2026 Bitcoin Conference, declaring that Bitcoin is currently in its most glorious era in history. He pointed out that the past 6 months have been a critical turning point, with rising institutional adoption, corporations increasing their Bitcoin reserves, and the involvement of the mainstream financial system contributing to this significant moment. He also mentioned that major banks have begun offering Bitcoin-backed mortgage loans and custody services, signaling a shift in Wall Street's attitude. Bloomberg senior ETF analyst Eric Balchunas noted that Bitcoin ETFs have become one of the most successful financial products in history, allowing retail investors to easily access the asset. Trump's son firmly believes Bitcoin will reach $1 million According to Benzinga, Eric Trump also predicted that Bitcoin will eventually reach $1 million. Although he is unsure whether it will happen in 2030 or 2031, he believes the market is still in its early stages of development. He emphasized that many companies, including his family business, are continuing to increase their Bitcoin reserves. Data shows that Trump Media & Technology Group holds 9,542 BTC, while American Bitcoin holds 7,000 BTC. He also mentioned that the US government holds over 300 BTC and, per executive order, will not sell them. Limited supply combined with institutional and government demand is structurally compressing the market. Trump's son calls for a long-term view, winners will be clear in 10 years Despite his optimism about the outlook, realistic price volatility still poses challenges. Eric Trump had previously expected the cryptocurrency market to perform amazingly in Q4 2025, but the price of Bitcoin fell by 23% during that quarter. In addition, the cryptocurrency bear market has had a substantial impact on the profits of American Bitcoin and Eric Trump's personal wealth, drawing external attention. In response, Eric Trump stated that the public is choosing to hold Bitcoin at this stage and rarely selling it off. He emphasized his willingness to endure market volatility and called for waiting 10 years to see who the ultimate winners are. (The above content is excerpted and reprinted with authorization from our partner "Crypto City", original link)

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Published:2026-05-03 06:00:26

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