Bitcoin Conference 2026》Trump's son: The most glorious era of BTC is coming, firmly believing it will hit one million dollars

Donald Trump’s son Eric announces Bitcoin is in its most glorious period, predicting it will reach $1 million in the future. Despite recent bear markets and a sharp decline in his companies’ stock prices, he remains optimistic about long-term development and urges the public to witness the ultimate winners over a 10-year period.

Trump’s Son: Bitcoin Is in Its Most Brilliant Era in History

Eric Trump, son of U.S. President Trump and co-founder of American Bitcoin, delivered a speech at the 2026 Bitcoin Conference, declaring that Bitcoin is in its most glorious period in history.

He pointed out that the past six months have been a critical turning point, with increased institutional adoption, more companies holding Bitcoin reserves, and mainstream financial system involvement, all contributing to this significant moment, and mentioned that major banks have begun offering Bitcoin-backed loans and custody services, indicating a shift in Wall Street’s attitude.

Senior ETF analyst at Bloomberg, Eric Balchunas, stated that Bitcoin ETFs have become one of the most successful financial products in history, allowing ordinary investors easy access to this asset.

Trump’s Son Is Confident Bitcoin Will Reach $1 Million

According to Benzinga, Eric Trump also predicts that Bitcoin will eventually reach $1 million. Although it’s uncertain whether this will happen in 2030 or 2031, he believes the market is still in its early development stage.

He emphasized that many companies, including his family’s businesses, are continuously increasing their Bitcoin reserves. Data shows Trump Media & Technology Group holds 9,542 Bitcoins, while American Bitcoin holds 7,000 Bitcoins.

He also mentioned that the U.S. government holds over 300 Bitcoins and, according to executive orders, will not sell them. Limited supply combined with institutional and government demand is structurally constraining the market.

Trump’s Son Calls for a Long-Term View, Confirming Who the Winner Will Be in 10 Years

Despite an optimistic outlook, real price volatility still presents challenges.

Eric Trump once predicted that the cryptocurrency market would perform astonishingly in Q4 2025, but Bitcoin’s price fell 23% in that quarter.

As of April 29, the price of Bitcoin was $75,742, down 30% over the past six months, and nearly 40% below its all-time high of $122,260.

Meanwhile, since its listing in September 2025, American Bitcoin’s stock price has plummeted 85%, closing at $1.14 on Wednesday (U.S. time), with a year-to-date decline of about 36%.

Image source: Google Finance

The bear market in cryptocurrencies has had a tangible impact on American Bitcoin’s profits and Eric Trump’s wealth, drawing public attention.

In response, Eric Trump said that the public currently prefers to hold Bitcoin and rarely sells it. He emphasized his willingness to endure market fluctuations and urged everyone to wait 10 years to see who the ultimate winner will be.

Further reading:
Trump’s Son: My Dad Is the First to Not Profit from His Presidential Office, Responding to Binance and UAE Deal Questions

Trump’s Son Echoes Dad! Criticizes Banks for Suppressing Crypto, Only Wanting to Maintain Monopoly and Prevent Outflow of Deposits

This content is compiled by Crypto Agent from various sources, reviewed and edited by Crypto City. It is still in the training phase and may contain logical biases or informational errors. The content is for reference only and should not be considered investment advice.