Eric Trump and Donald Trump Jr. have predicted that the price of $BTC could reach $1 million, while Goldman Sachs CEO David Solomon has revealed that he personally owns a small amount of Bitcoin.
In a CNBC interview this week, Eric Trump and Donald Trump Jr. renewed their public support for Bitcoin. Describing it as a defining asset class for the new generation, they predicted a massive price surge in the future.
Speaking during a discussion on the broader adoption of stablecoins and cryptocurrency at the World Liberty Forum, Eric Trump stated that he remains "a huge proponent of Bitcoin" and believes the asset could eventually touch the $1 million mark. Referencing Bitcoin's long-term performance, he noted that after recovering from lows near $16,000 two years ago, it has delivered the best average annual returns over the past decade.
Trump described Bitcoin's volatility as a natural characteristic of an emerging asset and contrasted it with traditional investments like municipal bonds or U.S. Treasuries, which offer lower yields. He remarked, "I’ve never been more bullish on Bitcoin in my life than I am now."
The Trump brothers also highlighted the pace of Bitcoin adoption by financial institutions. Eric Trump cited major firms such as Fidelity, Charles Schwab, JPMorgan, BlackRock, and Goldman Sachs as examples, stating that Wall Street is now taking a deep interest in digital assets.
#bitcoin #BTC☀ #Binance #BinanceSquareFamily