President Donald Trump’s son, Eric Trump, stated that Bitcoin (BTC) will surpass the $1 million mark. 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 single-day liquidation event in crypto history. Let’s discuss if Bitcoin (BTC) is on track to breach the seven-figure price point.

When Will Bitcoin Hit $1 Million?

Eric Trump is not the first, and most likely won’t be the last, to predict Bitcoin (BTC) hitting the $1 million mark. Binance founder Changpeng Zhao (CZ) also stated that BTC could go somewhere between $500,000 and $1,000,000 this quarter. ARK Invest CEO Cathie Wood also believes BTC will eventually breach the seven-figure territory. Bitcoin (BTC) Maximalist Michael Saylor is another figure who believes BTC will hit $1,000,000 in the future.

Also Read: Trump Hints at Crypto For US Debt Pay Off: What Will Happen?

Bitcoin (BTC) is the best-performing financial asset of the last decade and a half. BTC’s growth from being a free, minable coin in 2009, to hitting a peak of $126,000 in 2025, is one for the history books. Moreover, the asset has gained large mainstream adoption over the last few 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 for BTC’s growth over the last year.

Given its current growth trajectory, Bitcoin (BTC) could hit the $1 million mark by the end of this decade. The exponential growth has eclipsed returns delivered by gold and even tech stocks. President Trump made history after assuming office by creating a digital asset reserve for the US. More nations are expected to follow a similar route. If adoption continues, BTC could hit the $1 million target within just a few years.