Key Points
- Donald Trump Jr. and Eric Trump predict Bitcoin’s value could reach $150,000–$175,000 by 2026.
- Eric Trump criticizes traditional banking systems and supports Bitcoin adoption, amid plans for a mining company IPO.
At the 2025 Bitcoin conference in Las Vegas, Donald Trump Jr. and Eric Trump shared their optimistic views on Bitcoin.
Trump Brothers’ Bitcoin Predictions
Donald Trump Jr. believes Bitcoin could reach between $150,000 and $175,000 within the next five years. His brother Eric, on the other hand, playfully suggested that Bitcoin might “go to the moon” by next year.
Eric Trump highlighted the increasing demand for Bitcoin, with billions of dollars being invested daily. He believes that even a small fraction of Bitcoin could become highly valuable due to the demand exceeding supply.
Influence of Michael Saylor
Michael Saylor, Executive Chairman of Strategy, played a significant role in boosting the Trump brothers’ enthusiasm for cryptocurrency. Eric Trump acknowledged that Saylor encouraged them to take risks, even suggesting they mortgage Mar-a-Lago, a Trump-owned luxury resort, to invest in Bitcoin.
Following Saylor’s influence, Trump Media launched a $2.5 billion initiative to build a Bitcoin treasury. Eric Trump also noted that institutions, royal families, and private offices worldwide are adopting Bitcoin treasury strategies.
In addition to his support for Bitcoin, Eric Trump criticized traditional banks, labeling the system as “corrupt”. He claimed that he was “debanked”.
Bitcoin Market Dynamics
At the time of these comments, Bitcoin was trading around $108,456, showing a slight 0.54% decline in the last 24 hours. Despite the price drop, the Relative Strength Index (RSI) remained above 50, indicating that bullish momentum currently outweighs bearish pressure.
In related news, American Bitcoin, a Bitcoin mining firm co-founded by Eric Trump, plans to go public. With Bitcoin valued above $100,000, this move could potentially yield gains exceeding 180%. However, critics warn that mining costs, including hardware expenses, could range from $80,000 to $90,000 per Bitcoin, adding complexity to the fast-changing market.
