Eric Trump, son of US President Donald Trump and co -founder of the American Bitcoin Company (ABTC), said on Friday that “there is no doubt” that BTC reaches one million dollars in the next few years.
Trump previously expected BTC to reach one million dollars in the coin in December 2024. He spoke to the audience at the Bitcoin 2025 conference in Hong Kong, Trump said:
“You have national countries that buy hell from Bitcoin. You have Fortune 500 companies that buy hell from Bitcoin. You have the largest families, you have the largest companies on the ground that believe in this digital store for value. Everyone wants Bitcoin. Everyone is buying bitcoin.
This is incredible, and for this reason I always said that I really believe in the next few years, Bitcoin will reach one million dollars. There is no doubt that Bitcoin is $ 1 million, ”Trump continued.
Trump said that although the demand for financial institutions and wealthy individuals increased, the current bitcoin adopters are still “early” because the vast majority of the market participants have never yet adhered to digital money and the future of financing.
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Gryphon agrees to integrate with Bitcoin with a slight BTC withdrawal
The shareholders of Gryphon Digital Mining, which is the Bitcoin listed mines in the United States, agreed to integrate ABTC in August, and will be traded under the ABTC index as soon as the deal is complete and the stock is returned on the Nasdak Stock Exchange in September.
Gryphon has increased by 231 % since May 2025, when the initial deal was announced, and rose by more than 42 % on Thursday in anticipation of integration.
The deal came amid a simple correction of approximately 13 % of the high price of Bitcoin at all, amounting to about $ 12,4500 on August 14.
The Bitcoin price has now decreased to less than the 50 -day SIA moving average (EMA), a dynamic support level, which may indicate more pressure on the negative side in the short term, even when analysts and executive managers call for high long -term prices.
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The post Bitcoin Going to $1 Million, but Current Holders Still Early first appeared on Investorempires.com.
