Eric Trump reiterates $1 million Bitcoin prediction as range tightens

Eric Trump reiterates $1 Million Bitcoin prediction [https://invezz.com/wp-content/uploads/2025/08/Eric-Trump-reiterates-1-Million-Bitcoin-prediction.png] Bitcoin (BTC) has endured a difficult summer, lagging behind Ethereum’s rally and trading in a narrow range as August closed. But despite the short-term setbacks, optimism in some corners of the market is as strong as ever. Eric Trump, co-founder of “American Bitcoin,” has doubled down on his bold forecast that BTC will eventually reach $1 million, pointing to surging institutional demand and the conviction of long-term holders. TRUMP DOUBLES DOWN ON $1M TARGET Speaking at the Bitcoin Asia 2025 conference in Hong Kong, Trump repeated his call that Bitcoin is destined for $1 million “without question.” He argued that nation-states, Fortune 500 companies, and wealthy families are all aggressively buying Bitcoin, creating a structural squeeze that will support higher prices in the years ahead. “Everybody wants Bitcoin. Everybody is buying Bitcoin,” Trump said, highlighting what he views as accelerating adoption across the global economy. Despite the price already trading well above $100,000, he insisted that investors are still early, since broader retail participation remains limited compared to institutional activity. Trump’s comments…