Eric Trump, Executive Vice President of the Trump Organization and co-founder of American Bitcoin, has made bold predictions about Bitcoin's price trajectory during the Wyoming Blockchain Symposium held from August 18-21, 2025. Trump declared himself a "Bitcoin Maxi" and stated he now spends more than half his time on cryptocurrency projects.
Trump predicted Bitcoin will reach $175,000 by the end of 2025 and could surpass $1 million in future cycles. "I think we're going to be over $175,000 this year...You go out a couple of years and there's no question Bitcoin goes over $1 million," he told attendees.
During his speech, Trump also made an unverified claim that a country may have secretly accumulated approximately 200,000 Bitcoin, worth roughly $22 billion at current prices near $114,000. This assertion, while unsubstantiated, adds to speculation about governments exploring Bitcoin as a strategic reserve asset.
Anthony Scaramucci, former White House Communications Director and SkyBridge Capital founder, echoed the bullish sentiment with his own prediction of Bitcoin reaching $180,000-$200,000 by year-end. Scaramucci described his forecast as "cautious," pointing to institutional demand and strong inflows into BlackRock's IBIT product, noting "there's more demand than issued supply of Bitcoin."
Market analysts supported the optimistic outlook. MN Capital founder Michael van de Poppe noted Bitcoin's sweep below $112,000 earlier in the week provided a strong entry point, while Bitwise's André Dragosch suggested U.S. retirement plan adoption could drive BTC closer to $200,000. At press time, Bitcoin was trading near $115,200, consolidating after reaching $117,420 during Friday's rally.