On Fox Business, Eric Trump told viewers that Bitcoin ranks among the best investments for storing wealth. The Trump son publicly supports Bitcoin, which has earned my full endorsement.
He’s not just parroting hype. He acknowledges that physical assets, particularly real estate, are his preferred investments because they come from his family background. He declared that Bitcoin should have revealed itself to him better than anyone else. The typical residential buildings do not show blockchain technology.
But something flipped the switch. According to him, banks demonstrated their power by blocking customers for political reasons, just like crypto companies did under Biden. Bitcoin finally made sense to him as an investment shield backed by a market where he remained in charge of his assets.
From Skeptic to BTC Evangelist
He considers Bitcoin an exceptional real estate firewall and looks forward to its advantages. Despite others finding this idea extraordinary, he believes BTC will hit more than one million dollars in value. The Bitcoin price increase of 1.9% to $85,800 per CoinGecko today helps lift his support.
He knows what he is talking about because this is not his initial experience. After his father won the November 2024 race, Eric openly declared himself a big fan of Bitcoin during a December 2024 event in Abu Dhabi. He expressed satisfaction that Donald committed to supporting Bitcoin in his Nashville speech.
It’s personal, too. Eric ties himself to World Liberty Financial, which Donald Trump and his family operate as a cryptocurrency holding company. They increased their investment in Ethereum because the altcoin went up by 3.91% when he spoke in February. Yesterday, I detailed Circle’s effort to go public, which mirrors their crypto enthusiasm with this family.
The Trump administration took a passionate stance to support cryptocurrency policies.
Under Donald Trump’s presidency, the U.S. supports cryptocurrency, and Eric Trump takes advantage of this opportunity. On this month’s schedule, the president authorized the creation of an essential Bitcoin reserve, which follows his March White House crypto event. The problem at FTX differs drastically from the repayment problems I analyzed earlier.
Eric’s story hits home. Seeing banking institutions restrict access to funds made him aware that Bitcoin had total control. Right now, an “immediate liquidation” represents the rescue mechanism crypto users need when they encounter failures by centralized authorities. I get why he’s pumped.
Will BTC hit $1 million? Democrats in charge, including the President, are now working to grow Bitcoin’s worth until it matches the $ 108,000 record high point through their cryptocurrency leadership. World Liberty can expect its investments to succeed as Ethereum continues to elevate prices.
I view these events from my coffee table as someone who appreciates this evolution. When Eric became part of the Bitcoin community, it reflected larger changes happening with cryptocurrencies in the mainstream market. Is it hype or the future? I am interested in Bitcoin’s future relationship with Donald Trump.
