President Donald Trump’s son, Eric Trump, said Bitcoin (BTC) will surpass $1 million. He also said that the fourth quarter of the year has historically been the best quarter for cryptocurrencies. However, 2025 has so far not followed that pattern. October, a historically bullish month, saw the most significant one-day liquidation event in crypto history. Let’s discuss if Bitcoin (BTC) is about to break the seven-figure price level.
When Will Bitcoin Hit $1 Million?
Eric Trump is not the first, and likely won’t be the last, to predict that Bitcoin (BTC) will reach $1 million. Binance founder Changpeng Zhao (CZ) also said that BTC could go anywhere between $500,000 and $1,000,000 this quarter. ARK Invest CEO Cathie Wood also believes that BTC will eventually break the seven-figure territory. Bitcoin (BTC) Maximalist Michael Saylor is another figure who believes that BTC will reach $1,000,000 in the future.
Bitcoin (BTC) is the best performing financial asset over the past decade and a half. BTC’s growth from being a free, minable coin in 2009, to peaking at $126,000 in 2025, is one for the history books. In addition, the asset has gained wide use in recent years. The approval of 11 spot Bitcoin ETFs in 2024 was another milestone for the original cryptocurrency. The ETF approvals allowed financial institutions to finally open their doors to the crypto industry. ETF inflows have been a key driver of BTC’s growth over the past year.
Given its current growth trajectory, Bitcoin (BTC) could reach $1 million by the end of this decade. The exponential growth has eclipsed returns from gold and even tech stocks. President Trump made history after taking office create a digital asset reserve for the United States. More nations are expected to follow a similar path. If adoption continues, BTC could reach the $1 million mark within just a few years.
