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Eric Trump Makes Bold Predictions About Bitcoin as Family Expands Cryptocurrency Investment Activities
Eric Trump expressed confidence that Bitcoin will eventually soar to a valuation of 1 million dollars, marking a bold prediction as he spoke at a major cryptocurrency conference in Hong Kong. These remarks were made at the 2025 Asia Bitcoin Conference, where Trump outlined his increasing involvement in the industry and detailed the Trump family's plan to expand their influence in the Asian digital asset market. Bold Prediction About Bitcoin "I truly believe that in the coming years, Bitcoin will reach one million dollars. There is no doubt about it," Eric Trump stated during the seminar. He explained that currently he spends about 90% of his time on the cryptocurrency community, emphasizing the personal commitment he has made to this field. Trump also leveraged this event to emphasize his close relationship with Metaplanet, a Japanese Bitcoin fund management company led by Simon Gerovich. Earlier this year, Trump joined the advisory board of this Tokyo-listed company, signaling a deeper move into the Asian cryptocurrency market. Bitcoin itself has increased by about 86% in the past year, thanks to President Trump's election victory and a more favorable legal environment in the United States. However, volatility remains an issue as investors recall the significant losses that occurred in 2022 when several large cryptocurrency companies collapsed. Expand Trump’s Cryptocurrency Benefits Eric Trump, along with his brother Donald Trump Jr., has become a central figure in the growing digital asset empire of the Trump family. Two co-founders of American Bitcoin, a mining company, and also overseeing World Liberty Financial, another project backed by the Trump family. Their focus is currently shifting to Asia, where Eric Trump is expected to attend the Metaplanet shareholders meeting in Japan. Later this month, both Trump brothers are expected to speak at a conference in South Korea before appearing at Token 2049 in Singapore, one of the largest cryptocurrency events in the world. Political Connection and Criticism President Trump himself, who was once skeptical of digital currency, now considers himself the first "cryptocurrency president." "The Bitcoin community has welcomed my father in a way that has never been seen before," Eric Trump remarked. "And I hope that has been rewarded appropriately." The government has actively supported digital assets through executive orders and appointed cryptocurrency advocates, such as David Sacks, who is currently the AI and cryptocurrency expert at the White House. However, Trump's involvement in projects like World Liberty Financial and his personal meme coin $TRUMP has faced criticism. Opponents argue that these projects raise ethical issues, with some lawmakers calling for investigations into potential conflicts of interest. Receiving in Asia The Trump family's trip to Asia takes place against the backdrop of the global trade war pursued by President Trump, causing markets like Hong Kong to be closely monitored. Tensions flared when a Hong Kong official and a lawmaker withdrew from the Asia Bitcoin event after being advised not to appear alongside Eric Trump. Eric Yip, a senior official at the Securities and Futures Commission, was initially listed as a speaker but later withdrew due to work commitments. Legislator Johnny Ng also canceled his attendance, citing family reasons. Observers will now watch how governments and regulators in Asia respond to the Trump family's foray into the cryptocurrency industry in the region, especially considering the overlap between the president's policies and his sons' business ventures.