Overview
- In fresh interviews on Bloomberg, Fox Business and Yahoo Finance, Eric Trump called Bitcoin “digital gold” and a superior long-term store of value.
- He argued users can move $500 million in Bitcoin late on a Sunday for virtually no fees, contrasting crypto’s speed with traditional banking cutoffs.
- Trump said crypto rails will funnel capital into the U.S. and bolster dollar primacy through USD-backed stablecoins.
- Reports highlight his role as co-founder and CSO of American Bitcoin, described as near a $4 billion public company with West Texas mining and a merger with Gryphon Digital Mining.
- Analysts at Santiment and Rekt Capital flagged cooling trader sentiment and technical risks, with Bitcoin below $100,000 despite strong two-year performance.