Eric Trump used the Wyoming Blockchain Symposium to plant a flag: he now considers himself a bitcoin maxi and thinks the asset can clear $175,000 before 2025 wraps.
He also floated a longer-run path that stretches well beyond that, arguing bitcoin can ultimately top $1 million as adoption deepens and legacy payment rails give way to faster, crypto-native settlement.
Bitcoin price target chatter didn’t end there. SkyBridge Capital’s Anthony Scaramucci, speaking in media interviews around the event, reiterated his year-end range of $180,000 to $200,000, framing it as a conservative read on a market where institutional demand is outpacing available supply, including flows into marquee spot ETFs.
Eric Trump’s Japan detour and the Metaplanet angle
Beyond the podium, Trump’s crypto calendar is filling up. He’s slated to travel to Tokyo for Metaplanet’s September 1 shareholder meeting after appearing at Bitcoin Asia in Hong Kong. Metaplanet, which has modeled its treasury approach on MicroStrategy’s playbook, appointed him a strategic adviser in March—one reason markets are watching to see whether the firm leans even harder into bitcoin accumulation at the vote.
Why this matters now
The Wyoming gathering, staged near the Fed’s Jackson Hole summit, underscored how closely crypto and macro now move together—policy makers, fund managers, and industry executives shared the same corridors, and the conversation centered on how bitcoin and stablecoins plug into traditional finance rather than sit outside it. That backdrop helps explain why high-profile price targets are landing with more weight than in cycles past.
Where bitcoin stands today
As of this moment, bitcoin is trading around the mid-$114K range. If Eric Trump’s and Scaramucci’s timelines prove out, the next four months will need to convert conference-hall optimism into sustained spot demand.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/eric-trump-drops-the-crypto-bomb-bitcoin-to-hit-175k-by-year-end/