The post Bitcoin MENA 2024: Donald Trump’s Son Eric Says Bitcoin Price Will Hit $1 Million appeared first on Coinpedia Fintech News
Eric Trump took the stage at the Bitcoin MENA conference, showcasing the Trump family’s growing involvement in the cryptocurrency space. This marks a key moment, as it aligns with his father, Donald Trump’s, shifting stance on digital currencies—from initial skepticism to a more supportive position, particularly following his 2024 election victory.
At the conference, he said, “I absolutely love Bitcoin. It has got a very special place in our heart. I truly believe this is the future. I think Bitcoin is the fundamental shift. A lot of eyes were open when Bitcoin hit $100k and alot of eyes will be open when Bitcoin hits $1 Million and i’m confident it will hit $1 million.”
“Our concrete came from Chicago to build Burj Khalifa. Our family build real estate. But for the 1st time there is an asset that is revolutionary. It has the potential to be more powerful than anything we have seen before,” he added.
Eric Trump expressed confidence in his father, Donald Trump, becoming a “crypto president” and making America the global hub for cryptocurrency. He said that while Gary Gensler and others have waged war against the crypto industry, Trump is committed to supporting it.
“I really believe this is the future of finance,” Eric said, adding that under Trump, America will lead in the crypto space. He also said that Donald Trump would be the first president to speak at a crypto conference, showing his embrace of the industry. “We are going to make America great again,” Eric concluded.
Bitcoin Hits $100k:
Bitcoin recently reached a historic milestone, hitting $100,000, fueled by expectations of a friendlier U.S. regulatory approach under President-elect Donald Trump. Investors are optimistic that his administration will trigger a boom for cryptocurrencies. This price surge caps a year where Bitcoin’s value more than doubled.
Trump has been vocal about his support for digital assets, pledging to make the U.S. the “crypto capital of the planet.” He has promised to accumulate a national Bitcoin stockpile and create a crypto advisory council. In September, he and his sons launched a new crypto business, World Liberty Financial.
