Eric Trump is the son of Donald Trump, US President and co-founder Bitcoin.BTCABTC (American Bitcoin) said that on Friday, there was no such thing as a Bitcoin. “no question” BTC is expected to reach $1,000,000 in the coming years.
Trump before predicted that BTC would reach $1 million In December 2024, the price of a coin will be $1.25. Trump told the Bitcoin 2025 Asia Conference in Hong Kong:
“You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out of Bitcoin. You’ve got the biggest families, you’ve got the biggest companies on Earth that believe in this digital store of value. Everybody wants Bitcoin. Everybody is buying Bitcoin.
That’s an incredible thing, and that’s why I’ve always said that I really believe in the next several years, Bitcoin will hit $1 million. There’s no question that Bitcoin hits $1 million,” Trump continued.
Trump stated that current Bitcoin users are still adopting the cryptocurrency despite increased demand by financial institutions. “early” Because the majority of participants in the market have not yet caught on to digital money And the Future of Finance
Related: Trump family went pro-crypto after Biden ‘weaponized’ banks: WSJ
Gryphon accepts the merger with American Bitcoin despite a slight BTC decline
Gryphon Digital Mining shareholders, an American Bitcoin miner listed on the public market. approved a reverse merger ABTC, in August. The stock will be listed on Nasdaq under ABTC’s ticker when the transaction is complete and completed in September.
Gryphon stock soared by about 231% In anticipation of the merger, the stock has risen by more than 42% since the announcement in May 2025.
It was a deal that came after a small correction by nearly 13% since Bitcoin reached its all-time price high of around $124.500 on August 14th.
Bitcoin has dropped below its 50-day moving exponential average (EMA), a dynamic level of support, indicating further downward pressure in the near term. Analysts and executives from the industry are still calling for higher prices on a long-term basis.
Magazine: Bitcoin is ‘funny internet money’ during a crisis: Tezos co-founder
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Source: cointelegraph.com

