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Eric Trump claims that Bitcoin will reach 1 million dollars in the future.
PANews, August 21 - According to CoinDesk, Eric Trump, son of US President Donald Trump, stated at the SALT conference that Bitcoin will ultimately break through $1 million, predicting that the price will reach $175,000 by the end of this year. Eric Trump claims to be a "Bitcoin maximalist" and currently spends more than half of his time on encryption projects. His company, American Bitcoin, has merged with American Data Center and plans to go public on Nasdaq through a merger with Gryphon Digital Mining (GRYP). The company is 20% owned by the Trump brothers and 80% owned by Hut 8. Coinbase CEO Brian Armstrong also made similar predictions.