Eric Trump expects an explosive surge in Bitcoin that could shake the entire crypto market. Speaking at an event hosted by the crypto exchange Upbit, Eric Trump called Bitcoin the “perfect tool” for hedging risk. He expressed strong confidence in Bitcoin’s advantages over traditional fiat-based real estate investments.
The Executive Vice President of the Trump Organization emphasized that the world’s first cryptocurrency “outperforms gold and traditional assets” due to Bitcoin’s limited supply of 21 million coins.
Despite Bitcoin’s recent rally to a new all-time high, Trump’s son believes it is not too late for investors to enter the crypto market. “Bitcoin is still in the early stages of its growth. The flagship cryptocurrency is finally seeing widespread adoption beyond the DeFi sector,” he said.
Against this backdrop, Eric Trump urged people to invest in digital assets before the next massive crypto bull run begins. “A decade from now, we’ll look back and confidently say we were pioneers who helped redefine modern finance,” he added.
Previously, Eric Trump praised Bitcoin’s high transaction speed, calling it a major advantage of the cryptocurrency. He cited an example of a $200 million Bitcoin transaction that cost just 60 cents and was completed within seconds. “The same transaction through a traditional bank would have taken weeks — with a 3% fee,” he noted.
The Trump Organization executive warned that countries refusing to adopt digital assets risk becoming irrelevant in the global financial race. “Cryptocurrencies have the power to accelerate global progress — just like railroads and automobiles once did,” Trump said.
He also warned that banks unwilling to work with blockchain technology may lose their customers in the long run. As for Bitcoin, Eric Trump is optimistic: he believes that the number one digital asset will reach $1 million sooner or later.
