Coinbase CEO Brian Armstrong expressed his belief that Bitcoin could reach $1 million per token by 2030. He joins a list of prominent figures advocating for substantial Bitcoin growth, including former Twitter CEO Jack Dorsey and Ark Invest’s Cathie Wood, who have issued similar forecasts.

What to Know:

• Armstrong mentioned a current Bitcoin price at $114,383, following an all-time high above $124,000 last week.
• He stated, “I think we’ll see $1 million per bitcoin by 2030”, in a post on X while discussing his appearance on the Cheeky Pint podcast.
• Other analysts have raised long-term projections, with Ark Invest recently suggesting prices could soar as high as $3.8 million, partly due to increasing institutional adoption.

As Bitcoin’s price rises, some investors believe even greater moves could happen earlier. Scaramucci has hinted that Bitcoin might climb to between $180,000 and $200,000 within the next five months.