Key takes
- Eric Trump has expressed bullish sentiment about Bitcoin on social media.
- Trump predicted that Bitcoin could reach $1 million and be adopted by more governments.
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Eric Trump reiterated his bullish stance on Bitcoin in today's tweet, saying, “It feels like the best time to enter #BTC.” He also tagged World Liberty Financial, a Defi project related to his family.
Eric's statement comes when Bitcoin faces headwinds amid tariff-driven economic uncertainty. Flagship crypto assets currently trade around $97,700, failing to maintain gatherings above $100,000, a 7% drop in each Coingecko over the past seven days.
It was not the first time the president's son has issued a bullish statement about Bitcoin. In an interview with Benzinga in December, Eric said he has Bitcoin, Ethereum, Solana and Sui.
“I'm very bullish on Bitcoin and bullish on Crypto,” he said.
In a keynote speech at the Bitcoin Mena Conference held in Abu Dhabi later that month, Eric predicted that Bitcoin could reach $1 million and reshape the global economy. I considered it.
“Bitcoin is a fundamental change in the way we think about money, wealth, and the future. It's a change in how we receive money,” he said at the event. “The revolution hasn't come, it's already here.”
Eric's latest Bitcoin Bull Post comes days after he publicly expressed his bullish view on Ethereum, suggesting it is a good time to invest in ETH.
Until now, World Liberty has not been traded for Bitcoin, but its portfolio of entities includes a variety of crypto assets, including ETH, TRX, and Link.
The team purchased more than $70 million in crypto assets ahead of Trump's inauguration. The investment increased the entity's cumulative crypto holdings to $325 million.
According to data from Arkham Intelligence, the project on Tuesday moved most of its Crypto Holdings, including a large amount of ETH and WBTC, to Coinbase.
World Liberty's Crypto portfolio has shrunk dramatically, surpassing 90% to around $34 million.
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