Crypto is crashing, but Eric Trump says this is a golden moment to buy Bitcoin!

Jakarta, Pintu News – Amidst the recent crypto market turmoil, Eric Trump stated that it is a good time to buy Bitcoin (BTC). During a tech conference in Florida, Eric described Bitcoin as the greatest asset of our time. He highlighted Bitcoin’s long-term trend that still shows expansion, despite the current price dropping below $100,000 from its peak above $120,000 earlier this year.

Bitcoin Performance and Institutional Adoption

Eric emphasized that despite price volatility, Bitcoin has shown significant long-term growth. Three years ago, the price of Bitcoin was around $16,000 and two years ago it reached $36,500. This increase shows that Bitcoin still has great growth potential. In addition, the flow of funds into ETFs and broader institutional participation are indicators that Bitcoin adoption is deepening.

American Bitcoin, as a newly public company listed on NASDAQ, recorded a net profit of $3.5 million in the third quarter. This marks their first quarterly financial report with encouraging results. Eric explained that the company manages to mine Bitcoin at about half the market price, thanks to a large-scale facility in West Texas that accounts for more than 2% of global Bitcoin mining output.

Banking Conflicts and Migration to Crypto

Eric also discussed his family’s conflict with major financial institutions that have closed nearly 400 accounts related to his family’s hotel, restaurant, condominium and golf club operations. According to him, these closures occurred for no apparent reason and were related to his family’s political associations. This incident prompted his family to turn to crypto as an alternative to the conventional financial system.

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In response to this experience, Eric co-founded World Liberty Financial, a stablecoin project tied to the US dollar. This stablecoin platform, according to Eric, is the fastest growing stablecoin platform in the world. Stablecoins, he says, enable the quick transfer of funds without banking time delays, cutting through the many layers that exist in wire transfers.

Benefits of Blockchain and Stablecoins

Eric emphasized that blockchain technology and stablecoins reduce friction and improve access to financial services. By eliminating conventional time windows and layers, blockchain enables more efficient and faster transactions. This is especially valuable in the financial world where speed and efficiency are key.

Furthermore, Eric stated that stablecoins have saved the value of the dollar by bringing many dollars back into the country. With a design that reduces friction and increases access, stablecoins not only ease the transfer of funds but also strengthen the economy by facilitating more efficient capital flows.

Conclusion

With all these developments, Eric Trump reiterated his belief in the future of Bitcoin and crypto technology. Despite the challenges and volatility, he sees this as an opportunity to invest and capitalize on the potential offered by crypto. This is a defining moment for many investors looking for opportunities amidst market uncertainty.

FAQ

What was the price of Bitcoin three years ago?

Three years ago, the price of Bitcoin was around $16,000.

How much net profit did American Bitcoin record in the third quarter?

American Bitcoin recorded a net profit of $3.5 million in the third quarter.

What prompted Eric Trump’s family to switch to crypto?

Eric Trump’s family turned to crypto after nearly 400 of their bank accounts were closed by several major financial institutions, allegedly due to political associations.

What is World Liberty Financial?

World Liberty Financial is a stablecoin project founded by Eric Trump, which offers stablecoins tied to the US dollar.

How can stablecoins affect the efficiency of financial transactions?

Stablecoins enable faster transactions without banking time delays, reducing friction and improving access to financial services.

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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

• Coingape. Eric Trump Says Now is a Great Time to Buy Bitcoin Amid Crypto. Accessed on November 24, 2025
• Featured Image: CREW