Eric Trump, son of former U.S. President Donald Trump, made a highly bullish public statement on Bitcoin during an interview at the World Liberty Forum held at Mar-a-Lago. "I've never been more bullish on bitcoin in my life," he declared, adding his belief that the cryptocurrency "is going to hit $1 million." He acknowledged the asset's volatility, stating that such price swings are inevitable for something with "enormous upside potential."
During the same event, his brother Donald Trump Jr. launched a sharp critique of the traditional banking system, labeling it a "Ponzi scheme." The brothers explained their family's entry into the crypto space was driven by necessity, not trend-chasing. They claimed that following the January 6, 2021, Capitol riot, banks closed "hundreds of accounts" belonging to the Trump Organization, a move they attributed to political retaliation. "We got into it out of necessity. They basically forced us into it," said Donald Trump Jr.
Eric Trump connected this experience to their broader financial initiative, World Liberty Financial, stating they are "trying to modernize finance" after feeling ostracized by mainstream institutions. At the time of the interview, Bitcoin was trading around $66,258 to $67,000, having experienced a recent daily drop of approximately 4.5% and sitting roughly 50% below its all-time high of $126,000 from October 2025.
