China Is Crushing Crypto, Bitcoin Headed for $1 Million

Eric Trump praised China’s rising influence in the crypto space and doubled down on his $1 million bitcoin forecast during his speech at Bitcoin Asia in Hong Kong.

Key Takeaways

  • Eric Trump said China has made an “unbelievable mark” on crypto and called it a “hell of a power” in the industry.
  • He predicted that bitcoin will hit $1 million in the coming years, citing growing institutional demand and fixed supply.
  • Trump highlighted the U.S. and China as the two global leaders in cryptocurrency development and policy.
  • Bitcoin is currently trading at $108,293, down 4.2% in the past 24 hours and 13% from its mid-August all-time high.

What Happened?

Speaking at the Bitcoin Asia conference in Hong Kong, Eric Trump praised China’s…

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