Eric Trump Declares Bitcoin ‘The Future’ As Shorts Get Liquidated For $83 Million
Posted On September 29, 2025
Bitcoin (CRYPTO: BTC) has surged above $114,000 on Monday after Eric Trump promoted the cryptocurrency on Fox Business, calling it “the way of the future” and a clear replacement for traditional finance.
Fox Business Remarks Spotlight Bitcoin Utility
Eric Trump contrasted Bitcoin’s efficiency with slow hotel wire transfers, saying, “Why can I send hundreds of millions of dollars worth of Bitcoin overseas instantly or receive it instantly with virtually no fees?”
He added that his firm, American Bitcoin Corp. (NASDAQ: ABTC), would be “one of the great Bitcoin companies anywhere in the world.”
He described cryptocurrency adoption as advancing faster than the internet in the 1990s, adding that he had “never been so clear about something” in his life.
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