Coinbase CEO Brian Armstrong has projected that Bitcoin might hit $1 million per coin by 2030, pointing to a number of accelerating elements behind his bullish outlook.
Armstrong highlighted current bipartisan progress on U.S. Bitcoin laws, the federal government’s efforts to ascertain a strategic Bitcoin reserve, and powerful demand from institutional traders by means of spot Bitcoin ETFs.
He acknowledged in an interview:
“There’s probability that Bitcoin might attain $1 million per coin by 2030. Regulatory readability, the U.S. authorities starting to carry Bitcoin, and a big inflow of institutional funding by means of Bitcoin ETFs may very well be large drivers of demand.”
Regulatory momentum builds
Armstrong credited the Trump-era push for clearer Bitcoin laws, together with the GENIUS Act for stablecoins, and famous that bipartisan assist in Congress is now fueling broader market construction laws.
He described the momentum as unstoppable, saying:
“This freight prepare has left the station.”
Coinbase’s future as a financial institution alternative
Wanting forward, Armstrong reiterated Coinbase’s ambition to switch conventional banks by providing funds, rewards, and complete monetary providers.
He cited Coinbase’s new bank card with 4% Bitcoin rewards for instance and commented:
“Crypto could make the monetary system extra fashionable, truthful, and environment friendly. Our job is to maintain pushing on that frontier.”
Institutional adoption and authorities reserves
Armstrong emphasised the rising function of establishments and governments within the Bitcoin market. U.S. spot Bitcoin ETFs proceed to see inflows, whereas the thought of a U.S. strategic Bitcoin reserve features traction amongst policymakers.
Coinbase assists high-profile customers
Armstrong additionally shared a narrative about serving to NBA star Kevin Durant, an early Coinbase investor, regain entry to his misplaced Bitcoin account, underlining the platform’s function in onboarding and supporting new customers.