Eric Trump has a big bet in the fourth quarter. He says that if the Federal Reserve cuts interest rates as everyone expects, crypto stocks will rip higher.
“I think this could surge,” Eric told Yahoo Finance, pointing to the usual end-of-year momentum at Crypto. He says this moment is more important than usual, not just because of the market cycle, but because of what’s on the Fed’s calendar this week.
His own company, American Bitcoin (ABTC), is currently open to the public. It was listed on the NASDAQ in early September after it merged with Griffon Digital Mining. Donald Jr. is boosting that. Eric co-founded it.
Because if Jerome Powell cuts that on Wednesday, risk-on transactions like Bitcoin (BTC-USD) suddenly look much more appealing than a treasure trove or other “safe” bets.
Eric’s point is simple. Less interest in safe assets = increased demand for dangerous assets. More money to move to crypto. That’s the bet. “Lower borrowing costs will free up cash for riskier bets,” he said. And that includes crypto-linked stocks.
Eric says that code skeptics are jumping in now
Eric also says that the big private wealth manager has also changed the songs. “These people are falling, and they’re falling quickly,” he said. “I believe we’ll be pouring gas throughout this move,” one of his friends, who told clients to stick to Treasurys, is now urging them to buy Crypto.
All of this is not happening in a vacuum. The Trump family is deep in the crypto game. Eric’s father, Donald, promotes pro-crypto policies like acts of genius. And the whole crew dadded. Donations for campaigns in crypto, meme coins from both Donald and Melania, and even crypto payment options for true society.
Trump Media, the parent company of Truth Social, holds Bitcoin. They also have connections with World Liberty Financial, another player in Crypto Ventures.
Eric says this isn’t just a side fuss. “I’m looking at it compared to crypto and banks,” he said. “There are a lot of utilities throughout the industry. It’s certainly America.” For him, this is structural. He hasn’t bets on hype. He thinks Crypto will stay here.
Bitcoin has increased by 24% this year. Over 92% in the past 12 months. Eric links many of them to one thing: Regulation. And the president did a lot to give legal clarity to the code. And it in turn gets real money from the bystanders. Investors who were hesitant are jumping in right now.
Eric also considers Bitcoin to be a gold alternative. “Digital Gold” he calls it. “All problems free money.” There is little logistics. Easy storage. The pitch of the same value.
