Eric Trump predicted an “unbelievable” Q4 for crypto back in September 2025, but Bitcoin (CRYPTO: BTC) is down around 20% from Trump’s prediction.
Yet, the now-delayed crypto market structure bill could deliver a much-needed catalyst for the crypto sector to kickstart a new uptrend.
Trump’s Wrong Prediction
Eric Trump made his bullish call in late September 2025, projecting Q4 would deliver major gains for crypto based on two catalysts: rising M2 money supply and the Federal Reserve returning to quantitative easing.
He also pointed to Q4’s historical strength for crypto markets as reason for optimism.
The reality looked different. Bitcoin fell from roughly $113,400 on September 30 to around $89,900 today—a roughly 20% decline, while Ethereum (CRYPTO: ETH) dropped 3.5% over the same period.
Both assets experienced significant volatility and failed to deliver the rally Trump predicted.
What The Market Structure Bill Has To Do With It
In an interview at the World Economic Forum in Davos, Switzerland posted on Wednesday, Eric Trump lamented big banks supposedly blocking crypto legislation to protect their control over the financial system.
His argument centers on how banks profit from delays in traditional money transfers. He pointed out that wire transfers stop working after 5 p.m. on Fridays, forcing money to sit in bank accounts over the weekend while banks collect interest on those funds.
Crypto eliminates that delay entirely—transfers happen in seconds instead of days, cutting banks out of the equation.
Trump’s comments come as the Senate Banking Committee delayed its crypto market structure bill until late February or March.
Moreover, Coinbase Global Inc. (NASDAQ:COIN) withdrew support for the legislation last week over disagreements with the banking industry on stablecoin reward provisions.
The Banking Committee postponed its bill indefinitely and shifted focus to housing legislation ahead of congressional elections.
Committee Republicans and the White House want Coinbase and the broader crypto industry to resolve disputes with banks before moving forward.
The Senate Agriculture Committee released its own version of crypto legislation Wednesday and plans a markup on January 27.
However, the bill lacks backing from Democratic Senator Cory Booker, raising concerns it’s a partisan measure that won’t get the 60 votes needed to pass the full Senate.
Sources following the process say the Banking Committee could pass its version by late March, with the full Senate voting by July 4.
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