Overview
- Across Yahoo Finance, Fox Business and Bloomberg, Eric Trump argued Bitcoin is evolving into a primary store of value and predicted a gold-to-Bitcoin rotation.
- He touted the ability to move very large sums in Bitcoin instantly for minimal fees and criticized banks for slow, limited-hour transfers and account freezes.
- He said USD-pegged stablecoins and blockchain payment rails will reinforce dollar dominance by “onboarding trillions” into U.S. markets.
- Trump highlighted his role at American Bitcoin (ABTC), a recently public miner valued around $4 billion after a merger with Gryphon, citing low-cost West Texas power and rapid coin accumulation.
- He confirmed the Trump Organization holds digital assets and pointed to the family’s World Liberty Financial venture, as market gauges show cooling sentiment with bitcoin below $100,000.