Coinbase CEO Brian Armstrong Predicts Bitcoin Will Reach $1 Million

Brian Armstrong CEO of Coinbase one of the world's largest cryptocurrency exchanges has excited the crypto community by making a bold prediction about the future value of ￰0￱ predicts that

given current market conditions and progress the leading cryptocurrency could reach $1 million by ￰1￱ urged investors to “think long term,” explaining the key rationale behind the ambitious target in an interview with Fox ￰2￱ News: Korean Analyst Criticizes Ethereum Bull Tom Lee Claims Two Altcoins Are Ahead of ETH The Coinbase CEO stated that there are “major supporting factors” that will increase Bitcoin’s value basing his prediction on three key factors: Regulatory Clarity: Armstrong said emerging regulatory clarity for the cryptocurrency market is a major ￰3￱ noted that the US stablecoin “Genius Act” and the broader market structure legislation currently under discussion in the Senate will be a significant turning point for the ￰4￱ Money Flow (Bitcoin ETFs): He noted that the recent launch of Bitcoin Exchange Traded Funds (ETFs) has accelerated the flow of institutional capital into ￰5￱ added that Coinbase powers approximately 80% of the ETFs in the market and that he believes this flow will ￰6￱ Strategic Reserve: If the US government were to start holding a “strategic Bitcoin reserve,” he suggested

it would “massively increase” demand and other G20 countries would likely follow suit. *This is not investment ￰7￱ Reading: Coinbase CEO Brian Armstrong Predicts Bitcoin Will Reach $1 Million