Bitcoin Shows Early Rebound as Eric Trump Predicts Parabolic Surge in 3 Months

Bitcoin ($BTC), the leading crypto asset, has recently begun price recovery amid an optimistic prediction made by Eric Trump. Hence, Eric Trump has asserted that Bitcoin ($BTC) is going to witness a noteworthy parabolic rise over the next three months.

As reported by Vivek Sen, a crypto news provider, on X, Eric Trump’s anticipation for the next leg up of Bitcoin ($BTC) has triggered positive sentiment. As a result of this, the top crypto asset has started a gradual recovery from the recent drops.

$BTC Climbs 0.33% as Eric Trump Anticipates Exponential Upsurge over 3 Months

On Friday, Bitcoin ($BTC) has seen a 0.33% increase in terms of price. Thus, it is now changing hands at nearly $109,673.20. This gradual reversal from the downward trend takes place at a time when Eric Trump has predicted a parabolic spike in Bitcoin’s price over the upcoming three months. Presently, to predict such a bold price action seems unmatched with the current scenario, but there is a possibility for Bitcoin ($BTC) to again make history as it did before.

Apart from a 0.33% rise over the past 24 hours, the market capitalization of the top crypto asset is also positive, indicating a 0.2% increase. In this respect, Bitcoin ($BTC) now accounts for $2.18T when it comes to market capitalization. This further backs the idea of a near-term upward trajectory amid the growing investor confidence, as shown by increasing capital inflows.

Binance Announces Listing of Plasma ($XPL) to Fuel Growth

Simultaneously, in another notable development, the popular crypto exchange, Binance , has announced the inclusion of Plasma ($XPL) on its Binance Futures, Binance Margin, Binance Convert, and Binance Simple Earn. This announcement has raised $XPL’s price by 0.27% over twenty-four hours. At the same time, the market capitalization of the crypto token has also jumped by 0.17%.

According to VIvek Sen, Eric Trump’s prediction of a meteoric increase in Bitcoin’s ($BTC) price comes as good news amid the bearish market sentiment. Hence, $BTC’s current price presents a slight recovery. Overall, this could be an onset of a noteworthy price action as anticipated by Eric Trump.