Eric Trump, the son of President-elect Donald Trump, expressed his confidence that Bitcoin will hit $1 million during his appearance at the Bitcoin MENA Conference in Abu Dhabi. He believes that Bitcoin represents a fundamental shift in the way we think about money and highlighted its resistance to censorship, supply cap, and instant liquidity as reasons for his confidence. Trump's pro-crypto stance, along with his father's, has been a driving factor in Bitcoin's recent rally. Eric Trump compared the adoption of Bitcoin to technologies like email and SMS, stating that eventually, everyone will use it. He also mentioned that eyes will be opened when Bitcoin reaches $1 million. This is not the first time this price projection has been made, as others like Lyn Alden and Bernstein have also made similar predictions.
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