Trump’s second son, Eric Trump, is a great supporter of Bitcoin (BTC) and cryptocurrency, like US President Donald Trump, and has once again announced his support for Bitcoin.
At the Salt Conference held in Jackson Hole, Wyoming, USA, Eric Trump repeated the bullish prospects for BTC, claiming that Bitcoin will be worth $1 million in the long term.
Eric Trump, who describes himself as “Bitcoin maxi,” said he predicted Bitcoin would reach $175,000 by the end of the year in the short term.
“There’s no doubt that Bitcoin will ultimately reach $1 million, but we expect it to reach $175,000 by the end of the year.”
Trump also added that he devotes more than 50% of his time to cryptocurrency.
Eric Trump previously shared an analysis of cryptocurrency analyst Ted Pillow that Ethereum should already be traded for more than $8,000. Analysts said ETH is currently undervalued and is one of the best opportunities in the market. Eric Trump reshared the analysis and agreed.
Eric Trump said in a previous statement that he invested in Altcoins named Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and SUI (SUI).
*This is not investment advice.
