FacebookTwitterLinkedInTelegramCopy LinkEmail
Bitcoin

Eric Trump Drops the Crypto Bomb – Bitcoin to Hit $175K By Year-End

Eric Trump Drops the Crypto Bomb – Bitcoin to Hit $175K By Year-End

Eric Trump used the Wyoming Blockchain Symposium to plant a flag: he now considers himself a bitcoin maxi and thinks the asset can clear $175,000 before 2025 wraps.

He also floated a longer-run path that stretches well beyond that, arguing bitcoin can ultimately top $1 million as adoption deepens and legacy payment rails give way to faster, crypto-native settlement.

Bitcoin price target chatter didn’t end there. SkyBridge Capital’s Anthony Scaramucci, speaking in media interviews around the event, reiterated his year-end range of $180,000 to $200,000, framing it as a conservative read on a market where institutional demand is outpacing available supply, including flows into marquee spot ETFs.

Eric Trump’s Japan detour and the Metaplanet angle

Beyond the podium, Trump’s crypto calendar is filling up. He’s slated to travel to Tokyo for Metaplanet’s September 1 shareholder meeting after appearing at Bitcoin Asia in Hong Kong. Metaplanet, which has modeled its treasury approach on MicroStrategy’s playbook, appointed him a strategic adviser in March—one reason markets are watching to see whether the firm leans even harder into bitcoin accumulation at the vote.

Why this matters now

The Wyoming gathering, staged near the Fed’s Jackson Hole summit, underscored how closely crypto and macro now move together—policy makers, fund managers, and industry executives shared the same corridors, and the conversation centered on how bitcoin and stablecoins plug into traditional finance rather than sit outside it. That backdrop helps explain why high-profile price targets are landing with more weight than in cycles past.

Where bitcoin stands today

As of this moment, bitcoin is trading around the mid-$114K range. If Eric Trump’s and Scaramucci’s timelines prove out, the next four months will need to convert conference-hall optimism into sustained spot demand.

Author
Александър Стефанов - Главен редактор на TradeNews

Reporter at Coindoo

Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

Learn more about crypto and blockchain technology.

Glossary