Eric Trump doubled down on his bold long-term forecast for bitcoin, telling CNBC at a crypto-focused forum at Mar-a-Lago that he’s "never been more bullish" on the asset and still thinks it can reach $1 million. Speaking at the World Liberty Financial forum — a crypto venture tied to the Trump family — Trump reiterated earlier predictions that bitcoin will climb dramatically over time. “I’m a huge proponent because I do think it hits $1 million,” he said, pointing to the recent rise from roughly $16,000 two years ago to about $70,000 today as evidence of the asset’s momentum. Background on his calls: in August 2025, Trump, who self-described as a “bitcoin maxi,” predicted bitcoin would hit $175,000 before the end of that year and ultimately reach $1 million. By CoinDesk data, bitcoin closed 2025 around $88,750 after retreating from an early-October all-time high above $126,000. Trump highlighted bitcoin’s historical returns, saying it has averaged roughly 70% annual gains over the past decade and challenging skeptics to “name an asset class that has performed better.” He acknowledged volatility but framed it as the cost of exposure to outsized upside: “You’re going to have volatility with something that has tremendous upside.” Market snapshot: bitcoin was trading around $66,937.58 at the time of the interview, sitting just below $67,000 after failing to reclaim the $70,000 level it last visited on Feb. 15. Read more AI-generated news on: undefined/news

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