Bitcoin (BTC-USD) just got another stamp of approval from one of its most vocal suporters. On Wednesday, February 18, 2026, Eric Trump appeared on Fox Business to share his unwavering belief in the future of the largest cryptocurrency. During a wide-ranging interview, he made his stance clear, stating: “I’m a huge proponent because I do think it hits $1 million dollars,” and followed up by telling the host, “I’ve never been more bullish on bitcoin in my life.”
BTC’s Fixed Supply Creates a Road to a Seven-Figure Valuation
While many analysts focus on short-term price swings, the Trump Organization executive looks at the long-term potential of a fixed-supply economy. He believes that the unique traits of the asset make it a powerful tool for saving wealth.
Pointing to the massive growth seen over the last decade, he argued that the trend is only moving in one direction. Trump noted the sheer scale of the market’s evolution, saying, “Go back two years. Bitcoin was at $16,000. Where is it at right now, $70,000?”
He challenged viewers to look at the history of the coin, noting it has recovered from every major dip. He views the current volatility as a natural part of any high-growth asset. Reports indicate he cited the roughly 70% average annual gain over the past decade as a primary reason for his optimism, asking critics to “name an asset class that has performed better than Bitcoin.”
Digital Assets Outperform Gold in a Fast-Moving World
The debate over which asset is a better store of value is heating up as more institutions move their cash into digital tokens. Trump argued that the speed and ease of moving digital money give it a massive advantage over physical metals.
He believes that as more people under 50 begin to manage global wealth, they will choose an asset that fits their digital lifestyle. While gold (CM:XAUUSD) is hard to move and expensive to store, digital assets can be sent across the world in seconds for almost no cost. “You’re going to have volatility with something that has tremendous upside,” he explained, framing the price swings as a fair trade for the potential gains.
At the time of writing, Bitcoin’s price is sitting at $74,142.
