In brief:
₿- Eric Trump believes a Federal Reserve rate cut could trigger a major crypto rally, with Bitcoin positioned for strong fourth-quarter growth.
₿- Bitcoin has surged over 90% in the past year, highlighting rising adoption among wealth managers and growing optimism around pro-crypto policies.
Eric Trump believes a Federal Reserve rate cut could ignite a powerful surge in crypto markets, calling the digital asset sector one of the most exciting opportunities in today’s financial world. Speaking with Yahoo Finance, Trump noted that lower borrowing costs would push investors away from safe-haven assets and into riskier bets like Bitcoin, potentially driving prices higher in the months ahead.
Crypto adoption gaining momentum among wealth managers
He emphasized the timing of the move, pointing out that crypto often shows strong seasonal performance in the fourth quarter. “I just think you would potentially see this thing skyrocket,” Trump said, adding that many longtime skeptics are now shifting toward crypto adoption.
Eric Trump shared that even traditional private wealth management firms, once dismissive of Bitcoin, are now recommending digital asset exposure to clients. He recounted how one adviser, who previously favored Treasurys, is now encouraging investors to buy more crypto. “These people are falling, and they’re falling quickly,” Trump said. “You better believe it’s going to pour gas on this whole movement.”
That growing acceptance aligns with recent market trends. Bitcoin has climbed 24% since the start of the year and more than 90% over the past 12 months, supported by regulatory clarity from measures like the GENIUS Act and a pro-crypto policy over the world.
Trump family influence on digital assets
The Trump family has built deep connections to the crypto ecosystem. Eric Trump co-founded American Bitcoin (ABTC), a mining company that went public on the Nasdaq in September following a merger with Gryphon Digital Mining. President Trump has accepted campaign donations in crypto and supported pro-crypto legislation.
Trump Media, the parent company of Truth Social, has also held significant Bitcoin reserves and maintains links to crypto venture World Liberty Financial. These moves underline the family’s belief that blockchain technology and cryptocurrencies are integral to the future of finance.
Bitcoin as digital gold
For Eric Trump, Bitcoin represents “digital gold,” offering all the advantages of the precious metal without its traditional limitations. He sees crypto as a long-term rival to the banking sector and a permanent fixture in the financial landscape.
With the Federal Reserve expected to cut rates this week, investors are watching closely to see if Trump’s bullish outlook plays out.
Stay informed,
Rodcas Consulting Group