Eric Trump, positioning himself as the leading voice for the Trump family's private crypto endeavors, delivered a provocative and optimistic outlook for the sector at the World Liberty Forum held at Mar-a-Lago on February 19, 2026. He challenged skeptics, stating, "If you don't have the backbone … go invest in some boring bond," while forecasting Bitcoin's price could reach $1 million in the medium to long term.
His comments come as Bitcoin struggles to reclaim the $70,000 level. Trump's optimism is grounded in historical performance, noting that a sub-10x increase from current all-time highs is not unprecedented for BTC.
The news also highlighted specific crypto assets. Trump's known investment preferences are reflected in the World Liberty Financial portfolio, which includes Avalanche (AVAX) and AAVE. AVAX showed steady recovery from $8.23 on February 6 to $9.34 by February 20, while AAVE jumped nearly 25% from $101.09 to $126.27 over the same period.
However, the article heavily promotes a new project, DeepSnitch AI (DSNT), suggesting it aligns with Trump's focus on crypto's convergence with institutional finance. The AI-powered crypto investment tool, featuring a suite of five agents for market analysis, is in its fifth presale stage. It has raised over $1.67 million with a token price of $0.04064, offering tiered bonuses (30%-300%) for larger investments.
Separately, broader market news impacted prices. Following the release of U.S. Personal Consumption Expenditures (PCE) data showing inflation rose to 2.9% year-over-year in December—above the 2.8% expectation—Bitcoin fell below $67,000. The data dimmed hopes for near-term Federal Reserve rate cuts, applying general pressure on the crypto market.
