- Trump Brothers predicted that Bitcoin could reach $ 150,000 – $ 175,000 by 2026.
- Eric Trump criticized banks, supported Bitcoin acceptance in the middle of mining company IPO plans.
On the Bitcoin of 2025 [BTC] Conference in Las Vegas, Donald Trump Jr. And Eric Trump expressed an exceptionally positive view of Bitcoin’s potential.
Eric Trump predicts Bitcoin to ‘go to the moon’
Donald Trump Jr. predict Bitcoin could rise to $ 150,000 – $ 175,000 in 2026, while Eric Trump playfully suggested that it would “go to the moon by next year”.
Eric emphasized the growing demand and noted that billions of dollars are invested daily in Bitcoin. With the demand that the supply exceeds, even a Bitcoin fraction can become very valuable.
“Every day people admit billions. Even 0.1 BTC will be worth a fortune.”
Is Saylor behind these predictions?
Needless to say, Michael Saylor, the executive chairman of Strategy, played a key role in feeding the enthusiasm of the Trump brothers and sisters for crypto.
Eric Trump shared that Saylor encouraged them to take daring risks, even suggesting that they are Mar-A-Lago (a luxury resort owned by Donald Trump) to invest in Bitcoin.
Inspired by the influence of Saylor, Trump Media launched an initiative of $ 2.5 billion to build a Bitcoin Treasury.
Eric also noted that institutions, royal families and private offices worldwide accept Bitcoin Treasury strategies, reflect
He said
“Nobody wants to sell it. Everyone wants to enter.”
Moreover, Eric Trump also expressed strong criticism of traditional banks, claiming that he was ‘debanked’ and labeled the system as ‘corrupt’.
Bitcoin’s current market dynamics and the way forward
This comment was made while Bitcoin traded near $ 108,456, with a small decrease of 0.54% in the last 24 hours, according to Mint market cap.
Despite the fall in price, the relative strength index (RSI) remained above 50, indicating that Bullish Momentum is currently out against Beerarish pressure.
Source: Trade reproduction
In other developments, American Bitcoin, the Bitcoin-Mijnbouwbedrijf, also founded by Eric Trump, has announced plans to go to the public way.
With Bitcoin with a value of more than $ 100,000, the relocation can yield potential profit of more than 180%.
However, critics warn that mining costs, including hardware costs, can vary from $ 80,000 to $ 90,000 per bitcoin.
These high costs add complexity to the rapidly changing market, making profitability more challenging for miners.