Eric Trump Predicts Bitcoin Price Will Break $1 Million, Here’s What He Said!

Jakarta, Pintu News – Eric Trump, son of US President Donald Trump, recently expressed his high confidence in Bitcoin (BTC) at the SALT conference held in Jackson Hole. He passionately predicted that the value of Bitcoin (BTC) will reach more than $1 million.

Check out the full information in this article!

Enthusiasm at the SALT Conference

At the conference that took place from August 18 to 21, Eric Trump not only talked about the huge potential of Bitcoin (BTC), but also criticized the traditional financial system that he said was obsolete.

He emphasized that Bitcoin (BTC) has the potential to reach $175,000 by the end of this year. The reasons given are not only based on price speculation, but also due to systemic weaknesses in the traditional financial system.

The conference, a collaboration between SALT and Kraken, was attended by 350 leaders from various sectors to drive innovation in global finance. Besides Eric Trump, the conference was also attended by Senator Cynthia Lummis and Senator Tim Scott who discussed decentralized finance.

Read also: Tron (TRX) Committed to Keeping Transaction Fees Competitive Amid Price Hikes

Financial System Transformation Through Blockchain

In his speech, Eric Trump gave several concrete examples of the weaknesses of the traditional banking system, such as the long time it takes to settle payments and delays in international transactions.

According to him, blockchain technology has the capacity to address these issues and bring much-needed efficiency.

Eric Trump, who is also the co-founder of American Bitcoin, shows his commitment to the crypto industry by spending more than half of his time on crypto-related projects. This shows how important crypto is in his view of the future economy.

Also read: BTC vs. ETH: What is the Price Movement Today (22/8/25)?

American Bitcoin and Future Plans

Furthermore, Eric Trump has taken a big step in the crypto industry by founding American Bitcoin, a mining company that recently merged with the American Data Center.

The combined company is preparing to go public on the Nasdaq through a merger with Gryphon Digital Mining. Eric and his brother, Donald Trump Jr. own a 20% stake, while the rest is owned by Canadian mining company Hut 8.

This commitment shows not only Eric Trump’s confidence in Bitcoin (BTC), but also his broad vision for the integration of blockchain technology in the global economic and financial structure. This is in line with the Coinbase CEO’s prediction that Bitcoin (BTC) could reach $1 million per coin by 2030.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Eric Trump Says Bitcoin Will Hit $1M, Backs Crypto Expansion. Accessed on August 23, 2025
• Featured Image: CREW