Coinbase CEO Predicts Bitcoin $1M Price by 2030 Amid US Regulatory Clarity

Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million per token by 2030, citing growing regulatory clarity in the U.S., including the recent Genius Act for stablecoins and a market structure bill under Senate debate. Armstrong highlighted the significance of the U.S. government's strategic Bitcoin reserve and views the U.S. as a bellwether for other G20 nations, signaling strong institutional and governmental support for Bitcoin's long-term growth. This bullish outlook is shared by other notable figures such as Jack Dorsey, Cathie Wood, and Michael Saylor, who foresee Bitcoin reaching or exceeding the million-dollar mark due to increasing institutional adoption and macroeconomic factors. However, some analysts, like James McKay of McKay Research, caution investors not to get ahead of current price fluctuations, pointing out recent Bitcoin price retreats and near-term market headwinds. Additionally, Eric Trump, co-founder of American Bitcoin, affirmed his belief in Bitcoin's potential to hit $1 million, emphasizing his active involvement in crypto mining ventures and highlighting Bitcoin’s role in addressing flaws in the traditional financial system. Together, these perspectives depict a strong but cautiously optimistic outlook for Bitcoin’s future valuation amid evolving regulatory frameworks and institutional interest.