Ah, Trump-ever the optimist, ever the provocateur! Heâs not exactly a stranger to making grandiose predictions, and Bitcoinâs meteoric rise to a million bucks is his latest. Why? Well, according to the man, itâs all because nations, companies, and families with far too many zeroes in their bank accounts are hopping on the Bitcoin bandwagon. Apparently, theyâve all collectively decided to âbuy the hell out of Bitcoin.â Sounds like the financial equivalent of a Black Friday sale, doesn’t it? đ¤
âThe Fortune 500, nation-states, the biggest families and corporations-theyâre all in! Everyoneâs buying Bitcoin! So, mark my words-Bitcoin will hit $1 million, no doubt about it,â said Eric, presumably with a knowing wink. Of course, why wouldnât they? Bitcoinâs practically on sale for anyone with a pulse and a portfolio! đ
But wait-Eric isnât just shooting from the hip. No, no. Heâs adamant that despite billionaires, sovereign wealth funds, and Wall Street geeks quietly stacking sats (no, thatâs not a new form of yoga), weâre still in the âearly daysâ of the digital gold rush. Yes, according to Eric, most of the worldâs investors still havenât even begun to grasp the concept of digital money. Theyâre busy making sense of dollar bills, while the rest of us are apparently cavorting with the future of finance. đ¤ˇââď¸
Context: From Politics to Mining đźâĄď¸đť
Who knew? Eric Trump has become one of Bitcoinâs more high-profile political-adjacent advocates. In fact, his company, ABTC, just made headlines by linking up with Gryphon Digital Mining for a reverse merger. (Yes, reverse merger-because why go forward when you can go backward?!) After the deal is finalized, ABTC will hit the Nasdaq, making Trumpâs Bitcoin venture the toast of Wall Street. đĽ Gryphonâs stock, in the meantime, has been doing a happy dance, soaring over 230% since May. Of course, this has nothing to do with Ericâs impromptu cryptocurrency TED Talks. Probably. đ
Eric Trump at BTC Asia 2025
Meanwhile, Markets Cool Off đ§
Now, while Eric is busy painting the Bitcoin future as a glittering utopia, the market has decided to take a little breather. Bitcoin, which had been frolicking around a glorious all-time high of $124,500, has recently slid by a modest 13%. You know, just a casual pullback as it recharges its batteries. Itâs dipped below the 50-day EMA (yes, that magical level that traders obsess over), which is practically like Bitcoinâs version of a âmidlife crisis.â But no worries-according to Eric and his fellow Bitcoin evangelists, the long-term outlook is still wildly bullish. đâĄď¸đ
But letâs not forget the inevitable: Bitcoinâs rise to $1 million. Sure, it sounds as if Eric might have skipped a few classes in financial realism, but in a world where governments and corporations are all quietly hoarding sats like dragon hoards full of treasure, whoâs to say whatâs âcrazyâ and whatâs âearlyâ? If the last few years have taught us anything, itâs that âoutrageousâ often just means âahead of the curve.â So, keep stacking those sats, folks-Ericâs probably onto something. Or not. đ¤ˇââď¸
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2025-08-31 22:23