Editor's PiCK
Eric Trump: "Bitcoin will hit $1 million... Forecasts $175,000 by the end of this year"
Suehyeon Lee
Summary
- Eric Trump stated that Bitcoin could rise as high as $1 million.
- Eric Trump revealed that Bitcoin is expected to reach $175,000 by the end of this year.
- He reported that over 50% of his investment portfolio is in virtual assets.
Eric Trump, the second son of United States President Donald Trump, predicted that Bitcoin (BTC) could rise to $1 million.
According to Bitcoin.com on the 21st (local time), Eric Trump said at the Wyoming Blockchain Summit in the United States, "There is no doubt about Bitcoin reaching $1 million," adding that "it is expected to reach $175,000 by the end of this year."
He also stated at the event, "I will invest more than 50% of my time in virtual assets (cryptocurrencies)," thus showing his constant support for virtual assets. Meanwhile, Brian Armstrong, CEO of Coinbase, previously predicted, "Bitcoin will reach $1 million by 2030."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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