{"id":49935,"date":"2025-09-10T12:42:09","date_gmt":"2025-09-10T12:42:09","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=49935"},"modified":"2025-09-10T12:46:48","modified_gmt":"2025-09-10T12:46:48","slug":"eric-trump-predicts-another-bitcoin-price-boom","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/eric-trump-predicts-another-bitcoin-price-boom\/","title":{"rendered":"Eric Trump predicts another Bitcoin price boom"},"content":{"rendered":"\n

Eric Trump, co-founder of mining company American Bitcoin (ABTC) and son of the current US president, has once again confirmed his ambitious forecast. According to him, Bitcoin will exceed the USD 1,000,000 mark in the coming years. His words came at a time when the mining company is preparing for a merger and listing on the Nasdaq stock exchange.<\/strong><\/p>\n\n\n\n

Repeated reassurance at the Bitcoin 2025 Asia conference<\/strong><\/h2>\n\n\n\n

At the Bitcoin 2025 Asia conference in Hong Kong<\/a>, Eric Trump reiterated his prediction, which he first made public in December 2024. According to him, massive growth in digital currencies is not a question of “if” but “when”: states, large corporations, and prominent investors are buying bitcoin en masse as a store of value \u2014 and that, he says, is a clear sign of an approaching milestone.<\/p>\n\n\n\n

Trump<\/a> emphasized that despite growing interest from financial institutions and wealthy investors, Bitcoin is still in the very early stages of adoption. He claims that most markets and ordinary investors have yet to appreciate the long-term strategy and potential of digital currencies, which he says opens up room for further growth opportunities.<\/strong><\/p>\n\n\n\n

ABTC and the merger with Gryphon Digital Mining<\/strong><\/h2>\n\n\n\n

He presented his forecasts shortly after the shareholders of mining company Gryphon Digital Mining approved a reverse merger with American Bitcoin. Upon successful completion of the transaction, the company will be traded on the Nasdaq<\/a> under the ticker ABTC, which should support the company’s expansion and visibility in the market.<\/p>\n\n\n\n

Despite the optimistic outlook, Gryphon’s shares have risen approximately 231% since May in anticipation of the merger, even though Bitcoin recently faced a correction of nearly 13% from its all-time high. Added to this is a technical signal: BTC<\/a> has fallen below its 50-day exponential moving average (EMA), which may indicate short-term pressure, but analysts remain convinced that the long-term fundamentals remain strong.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eric Trump, co-founder of mining company American Bitcoin (ABTC) and son of the current US president, has once again confirmed his ambitious forecast. According to him, Bitcoin will exceed the USD 1,000,000 mark in the coming years. His words came at a time when the mining company is preparing for a merger and listing on […]<\/p>\n","protected":false},"author":2,"featured_media":49928,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[99,235],"class_list":["post-49935","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-bitcoin-en","tag-usa-2"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t