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 declares that Bitcoin is in its current glorious period, forecasting it could reach $1 million in the future. Despite a recent bear market and a sharp drop in the share prices of his companies, he remains firmly optimistic about long-term development and urges the public to witness the ultimate winner over a 10-year period.

Trump’s son: Bitcoin is in its most glorious period in history

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

He noted that the past 6 months have been a critical turning point—rising institutional adoption, companies increasing their Bitcoin reserves, and involvement from mainstream financial systems—leading to this important moment, and he also mentioned that major banks have begun offering Bitcoin-backed mortgage loans and custody services, showing a shift in Wall Street’s stance.

Eric Balchunas, a senior ETF analyst at Bloomberg, said that Bitcoin ETFs have become one of the most successful financial products in history, enabling everyday investors to access the asset with ease.

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 is unclear 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 that Trump Media and Technology Group holds 9,542 Bitcoins, while American Bitcoin holds 7,000.

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

Trump’s son calls for a long-term view—only after 10 years can we confirm who the winner is

Despite being optimistic about the outlook, real-world price volatility still poses challenges.

Eric Trump previously expected the cryptocurrency market in Q4 2025 to perform astonishingly, but Bitcoin’s price fell 23% in that quarter.

As of the time of writing on April 29, Bitcoin was trading at $75,742, down 30% over the past six months. It is also about a 40% pullback from its all-time high of $122,260.

Meanwhile, since American Bitcoin listed in September 2025, its stock price has plunged 85%. As of the close on Wednesday in the U.S., it fell to $1.14, with a year-to-date decline of about 36%.

Image source: Google Finance

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

In response, Eric Trump said that at the moment, the public is choosing to hold Bitcoin and rarely sells it. He emphasized that he is willing to endure market volatility, and called on everyone to wait 10 years to see who the ultimate winner will be.

Further reading:
Trump’s son: My dad is the first person to not make money by using the presidential office—responding to questions about Binance and Abu Dhabi trades

Trump’s son echoes his dad! Slams banks for suppressing crypto—only wants to maintain monopoly and stop deposit outflows

This article compiles information from various parties by Crypto Agent and is reviewed and edited by Crypto City. It is still in the training phase, so there may be logical bias or information errors; the content is for reference only and should not be considered investment advice.