Bitcoin (BTC) prices can reach $ 1m by 2030, says COO of Coinbase (Coin) Brian Armstrong
CEO of Coinbase CEO Brian Armstrong said Bitcoin
It could hit $ 1 million per token by the end of the decade, adding his voice to a growing chorus of high-profile advocates calling for the explosion.
“I think we’ll see $ 1 million per Bitcoin by 2030,” Armstrong said in a post on x This week while promoting his appearance on the Cheeky Pint Podcast. The prediction is noteworthy because Armstrong rarely offers public price targets.
He did not unite in hoping such a climb. Jack Dorsey, who ran x (dating twitter) Up to 2021 and co-established fee in firm block (formerly square)There is also Says Bitcoin could have reached $ 1 million by 2030 and likely to move higher beyond that milestone.
Meanwhile, Cathie Wood’s Ark Invest changed its last month’s long -term perspective, increasing its decade projection as high as $ 3.8 millionciting the increase in institutional adoption as the main driver.
Optimism came at a time when Bitcoin sets records. The token traded at $ 114,383, up to 22% this year, after holding a new all-time high at $ 124,000 last week. The rally has strengthened arguments that Bitcoin combines its role as a fence against inflation and an alternative to traditional safe properties such as gold.
Some investors see major motions that occur earlier. Anthony Scaramucci, founder of Skybridge Capital said to CNBC on August 19 That Bitcoin could climb between $ 180,000 and $ 200,000 over the next five months, adding that even that perspective could prove conservative.
