Donald Trump’s son Eric Trump has made a bold prediction for Bitcoin. Speaking at the Wyoming Blockchain Symposium, he called himself a “Bitcoin Maxi” and predicted that the world’s largest cryptocurrency would hit $175,000 before the close of 2025.
Trump’s Bullish Prediction on Bitcoin
During the Wyoming Blockchain Symposium, Eric Trump told attendees that he now spends more than half of his time working on crypto projects. He said Bitcoin is positioned to reach $175,000 this year and could eventually climb above $1 million. He predicted;
I think we’re going to be over $175,000 this year…You go out a couple of years and there’s no question Bitcoin goes over $1 million.
According to Trump, blockchain technology and digital assets offer practical solutions to inefficiencies in traditional finance, including slow payment rails and settlement processes. His forecast reflects growing optimism among high-profile figures who see Bitcoin as more than a speculative asset.
Eric Trump’s comments further show how top political and business figures have become integral to the crypto market, particularly as institutions across the world rush to tap into crypto exposure.
Eric Trump’s appearance at the Wyoming Blockchain Symposium came just before news broke of his upcoming role in Japan’s Metaplanet. The company has adopted a treasury strategy similar to Michael Saylor’s MicroStrategy, using Bitcoin as a key balance sheet asset. Trump is expected to attend Metaplanet’s September 1 shareholder meeting, where strategy updates will be discussed.
As reported by Coingape, Metaplanet had already appointed Eric as a strategic adviser in March. His involvement has fueled speculation that Metaplanet could accelerate its BTC-focused approach with his backing.
Anthony Scaramucci Predicts BTC to Hit $180K – 200K by End of 2025
Besides Eric Trump, former White House Communications Director Anthony Scaramucci, founder of SkyBridge Capital, also made a bold prediction for Bitcoin (BTC). In an interview with CNBC at the Wyoming Bitcoin Symposium, Scaramucci reiterated that the price of BTC could range between $180,000 – $200,000.
However, the SkyBridge Capital founder noted that this prediction is a “cautious price target.” He attributed his bold prediction to the growing interest in Bitcoin, particularly as Bitcoin attracts institutional interest. He cited the growing numbers in BlackRock’s IBIT. Scaramucci further noted that;
There’s more demand than issued supply of Bitcoin or the existing overall supply in the marketplace.
With that, both Eric Trump’s and Scaramucci’s predictions regarding Bitcoin’s price at the Wyoming Blockchain Symposium suggest growing confidence in the cryptocurrency. At press time, the Bitcoin price is trading at around $115,200, according to TradingView data.
Coingape Staff
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Source: https://coingape.com/eric-trump-predicts-175k-btc-declares-himself-a-bitcoin-maxi/