Coinbase CEO predicts bitcoin’s growth to $ 1 million

Coinbase CEO Brian Armstrong predicted that the value of Bitcoin BTC $114,129.00 Mezo Wrapped BTC -0.41% Market capitalization $41.25 million VOL. 24 hours $1.54 billion could reach $ 1 million per coin by the end of the decade. He stated this in his post on the X platform, referring to an interview on the Cheeky Pint podcast. This statement attracted attention because the head of one of the most influential crypto exchanges usually avoids public price forecasts.

His estimate is in line with the forecasts of other well-known BTC supporters. Twitter founder Jack Dorsey also believes that bitcoin could rise to $ 1 million by 2030, while the head of ARK Invest, Katie Wood, admits even $ 1.5 million in a «bullish scenario.» Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, co-founder of MicroStrategy, attributes the achievement of this level to the fact that Wall Street will start investing at least 10% of its reserves in cryptocurrencies. Robert Kiyosaki, the author of the bestselling book Rich Dad, Poor Dad, also sees rising inflation and debt risks as driving factors for a seven-figure price.

Armstrong explained that the prospects for bitcoin are enhanced by regulatory certainty in the United States. In particular, Congress is considering bills on stablecoins and market structure. «Hopefully, something will be passed by the end of this year. It will be a huge step forward,» he noted. He also emphasized that the US government already has a strategic reserve of BTC, which seemed impossible until recently.

Among the key risks, Armstrong named only the threat from quantum computing, but assured that the development community is already working on possible solutions. At the same time, he drew attention to the growth of institutional interest: large funds currently hold an average of about 1% of their portfolios in bitcoin, but after the adoption of clear rules, this figure could rise sharply.

Despite the fact that the price of BTC remains far from the forecasted level, experts see potential in the combination of limited issuance, institutional demand, and global macroeconomic instability. Proponents of the cryptocurrency believe that bitcoin can gain a foothold as a «digital gold» and even a global reserve asset if governments and financial institutions continue to increase their exposure.