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Coinbase CEO Brian Armstrong Issues $1 Million Bitcoin Price Prediction
Yahoo Financeยท 2025-09-24 10:05
Group 1 - Brian Armstrong, CEO of Coinbase, predicts Bitcoin price will reach $1 million within the next 5 years, driven by current industry outlook and sentiments [1][2] - Armstrong emphasizes the importance of robust regulatory frameworks in the US, such as the GENIUS Act, which could significantly boost Bitcoin prices [3] - Institutional adoption of Bitcoin is increasing, with firms like Strategy and Metaplanet accumulating substantial amounts of Bitcoin [4] Group 2 - Nasdaq-listed Fold Holdings is set to launch a Bitcoin Rewards Credit Card in collaboration with Stripe and Visa, indicating growing mainstream adoption of Bitcoin [5] - Armstrong points out Bitcoin's fixed maximum supply of 21 million, which contributes to scarcity and is expected to trigger a price rally [6] - Other prominent figures in the crypto space, including Jack Dorsey and Cathie Wood, have expressed similar bullish sentiments regarding Bitcoin's price potential [7]