Eric Trump, co-founder of American Bitcoin, expressed confidence that the price of Bitcoin will reach $1 million in the coming years.
Eric Trump's Bitcoin Prediction
Speaking at the Bitcoin 2025 conference in Hong Kong, Eric Trump stated, "There is no question that Bitcoin will hit $1 million." He made a similar prediction back in December 2024.
Increasing Interest in Bitcoin
Trump noted that interest in Bitcoin is rising among states and large companies, asserting that "everyone wants Bitcoin." However, he added that most market participants have yet to realize the potential of digital money.
Gryphon and American Bitcoin Merger
Shareholders of Gryphon Digital Mining approved a reverse merger with American Bitcoin, allowing the company to trade under the ABTC ticker. This happened amidst a slight correction in Bitcoin's price.
In conclusion, Eric Trump highlights the growing interest in Bitcoin and asserts its potential rise, while the market watches the ongoing merger in the mining sector.