{"id":15563,"date":"2025-08-31T04:42:26","date_gmt":"2025-08-31T02:42:26","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=15563"},"modified":"2025-08-31T04:42:26","modified_gmt":"2025-08-31T02:42:26","slug":"bitcoins-path-to-1-million-why-early-investors-still-have-the-advantage","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/31\/bitcoins-path-to-1-million-why-early-investors-still-have-the-advantage\/","title":{"rendered":"Bitcoin&#8217;s Path to $1 Million: Why Early Investors Still Have the Advantage"},"content":{"rendered":"<p><\/p>\n<div data-v-43e640e6=\"\">\n<p>Eric Trump, the offspring of US president Donald Trump and the co-creator of Bitcoin (<a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" title=\"null\">BTC<\/a>) mining enterprise American Bitcoin (ABTC), asserted on Friday that there is \u201cno doubt\u201d BTC will reach $1 million in the coming years.<\/p>\n<p>Trump earlier <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/eric-trump-bitcoin-1-million-prediction-scarcity\" title=\"null\">forecasted that BTC would achieve $1 million<\/a> per coin by December 2024. While addressing an audience at the Bitcoin 2025 Asia event in Hong Kong, Trump remarked:<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cYou&#8217;ve got nations that are heavily investing in Bitcoin. You&#8217;ve got Fortune 500 firms that are seriously purchasing Bitcoin. You&#8217;ve got the largest families and companies on the planet that trust this digital asset. Everyone desires Bitcoin. Everyone is acquiring Bitcoin.<\/p><\/blockquote>\n<p>This is truly remarkable, and that&#8217;s why I&#8217;ve consistently maintained that I genuinely believe Bitcoin will hit $1 million in the next few years. There is no doubt that Bitcoin will hit $1 million,\u201d Trump went on.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Eric Trump addressing the audience at the Bitcoin Asia 2025 conference. Sources: <\/em><a href=\"https:\/\/www.youtube.com\/watch?v=jc4lkDeozCQ\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.youtube.com\/watch?v=jc4lkDeozCQ\"><em>South China Morning Post<\/em><\/a><em>, Bitcoin Magazine<\/em><\/figcaption><\/figure>\n<p>Trump mentioned that despite the rising interest from financial entities and affluent individuals, current Bitcoin users are still \u201cearly\u201d because the overwhelming majority of market participants have <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/only-4-world-population-holds-bitcoin-2025\" title=\"null\">not yet embraced digital currency<\/a> and the future of finance.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/eric-trump-biden-turned-his-family-pro-crypto-after-he-weaponized-banks\" title=\"null\"><em><strong>Trump family became pro-crypto after Biden \u2018weaponized&#8217; banks: WSJ<\/strong><\/em><\/a><\/p>\n<h2>Gryphon sanctions merger with American Bitcoin amid slight BTC downturn<\/h2>\n<p>Shareholders of Gryphon Digital Mining, a publicly traded US-based Bitcoin miner, <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/american-bitcoin-reverse-merger-gryphon-nasdaq-abtc\" title=\"null\">approved a reverse merger<\/a> with ABTC in August, and will operate under the ABTC ticker once the transaction is finalized and the stock is relisted on the Nasdaq in September.<\/p>\n<p>Gryphon\u2019s stock <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/gryphon-stock-soars-september-american-bitcoin-merger\" title=\"null\">surged by approximately 231%<\/a> since May 2025, when the initial agreement was revealed, and increased by over 42% on Thursday in expectation of the merger.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"16915751\"\/><\/p>\n<p>The agreement arrived during a modest correction of nearly 13% from Bitcoin\u2019s peak price of about $124,500 on August 14.<\/p>\n<p>Bitcoin\u2019s value has now fallen below the 50-day exponential moving average (EMA), a dynamic support level, which may signal additional downward pressure in the near term, even as analysts and industry leaders advocate for higher long-term valuations.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/tezos-blockchain-arthur-breitman-calls-bitcoin-funny-internet-money\/\" title=\"null\"><em><strong>Bitcoin is \u2018quirky internet currency\u2019 during a crisis: Tezos co-founder<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/no-question-bitcoin-1m-eric-trump-btc-asia-2025?utm_source=rss_feed&#038;utm_medium=rss&#038;utm_campaign=rss_partner_inbound\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Trump, the offspring of US president Donald Trump and the co-creator of Bitcoin (BTC) mining enterprise American Bitcoin (ABTC), asserted on Friday that there is \u201cno doubt\u201d BTC will reach $1 million in the coming years. Trump earlier forecasted that BTC would achieve $1 million per coin by December 2024. While addressing an audience<\/p>\n","protected":false},"author":3,"featured_media":15564,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[3467,3468],"class_list":["post-15563","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-bitcoin-going-to-1-million","tag-but-current-holders-still-early-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin&#039;s Path to $1 Million: Why Early Investors Still Have the Advantage - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/31\/bitcoins-path-to-1-million-why-early-investors-still-have-the-advantage\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin&#039;s Path to $1 Million: Why Early Investors Still Have the Advantage - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"Eric Trump, the offspring of US president Donald Trump and the co-creator of Bitcoin (BTC) mining enterprise American Bitcoin (ABTC), asserted on Friday that there is \u201cno doubt\u201d BTC will reach $1 million in the coming years. 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