Son of Trump predicts that the price of bitcoin is expected to exceed $170,000 by the end of 2026
PANews reported on May 29 that according to The Block, U.S. President Trump's eldest son Donald Trump Jr. and second son Eric Trump predicted at the Las Vegas Bitcoin 2025 conference that the price of Bitcoin may exceed $170,000 by the end of 2026. Eric revealed that MicroStrategy founder Michael Saylor had advised the Trump family to pledge Mar-a-Lago to invest in Bitcoin and guided it to build a crypto asset reserve strategy.
The Trump family has recently ventured into crypto with a number of businesses: its parent company, Truth Social, plans to raise $2.5 billion to build up a Bitcoin reserve; American Bitcoin, a joint venture mining company, plans to go public through SPAC; The World Liberty project plans to launch a stablecoin.
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