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Bitcoin News

Trump Jr. and Eric Trump Say Bitcoin May Reach $170K Soon

Eric Trump says Michael Saylor inspired their crypto push and once urged them to mortgage Mar-a-Lago to buy Bitcoin.

Written By Ronak Kumar
Fact Checked by Dhara Chavda
Published May 29, 2025 10:42 AM·Updated 1 year ago
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Trump Jr. and Eric Trump Say Bitcoin May Reach $170K Soon

Donald Trump Jr. and Eric Trump believe Bitcoin could skyrocket to $170,000 by the end of 2026. Speaking at the Bitcoin 2025 conference in Las Vegas, Don Jr. predicted Bitcoin would trade “between $150,000 and $175,000,” while Eric joked it could go “to the moon.”

Eric highlighted Bitcoin’s growing demand, saying, “Every day, people are allocating billions to it. Even 0.1 BTC will be worth a fortune.” Currently, Bitcoin is trading around $107,502, down 1% from its all-time high of $112,000 reached on May 22.

ERIC TRUMP SAYS $BTC WILL HIT $170K BY 2026

DONALD TRUMP JR. SAYS $BTC WILL HIT BETWEEN $150K-$175K BY 2026 https://t.co/TCoT3ndpgN pic.twitter.com/H3I4TyV0Hz

— The Wolf Of All Streets (@scottmelker) May 29, 2025

The Trump brothers have fully embraced crypto, backing projects like World Liberty Financial and American Bitcoin, a mining firm tied to Trump-led American Data Centers. American Bitcoin is also planning to go public via SPAC this year.

They credit Michael Saylor, executive chairman of Strategy, for inspiring their crypto push. According to Eric, Saylor once urged them to mortgage Mar-a-Lago to buy Bitcoin, saying, “Do what I’m doing.” Saylor’s influence also sparked Trump Media’s plan to raise $2.5 billion for a Bitcoin treasury.

Eric said institutions, royal families, and private offices globally are now developing Bitcoin treasury strategies. “No one wants to sell it. Everyone wants in,” he said. He also criticized traditional banks, claiming he was “debanked” and calling the system “corrupt.”

Meanwhile, Democrats have raised concerns over the Trumps’ crypto dealings and introduced a bill to restrict political families from crypto investments, citing potential corruption risks.

Also Read: Eric Trump Calls Bitcoin as Digital Gold at Consensus 2025

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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