Brian Armstrong Says Bitcoin Could Hit $1 Million by 2030 — Here’s Why

Jakarta, Pintu News – After two days of a mild downward trend, Bitcoin (BTC) is starting to regain support, including from the CEO of Coinbase.

With the token trading above the $113,000 level, Brian Armstrong gave an optimistic prediction, citing regulation in the United States and global adoption as key drivers.

Coinbase CEO Predicts Bitcoin to Break $1 Million by 2030

Brian Armstrong, founder and CEO of Coinbase, predicts that the price of Bitcoin could reach $1 million by 2030. He made this statement on the “Cheeky Pint” podcast last Wednesday with Stripe co-founder John Collison.

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Armstrong also shared a snippet of the podcast on his X account, emphasizing that it was not financial advice. According to him, the regulatory clarity that is starting to take shape as well as the US government’s move to build Bitcoin reserves make this target more likely.

He called the United States a “benchmark for the rest of the G20,” highlighting recent progress such as the GENIUS Act on stablecoins. Armstrong also touched on the debate in the Senate over the market structure bill.

This $1 million prediction for BTC stems from a dream that was once thought impossible-that America would officially store Bitcoin. Now, it’s starting to become a reality.

Furthermore, Armstrong added that these digital assets have the potential to become the world’s reserve currency, as confidence in fiat declines and global deficits swell.

Why is Coinbase CEO’s Bitcoin Prediction Important Right Now?

After hitting a record $124.4K at the beginning of the month and disproving the predictions of Harvard economists who predicted Bitcoin would fall to $100, the price of BTC has corrected again in recent days and is now hovering around $113.2K.

In general, the crypto market is also undergoing a major correction due to a number of major macroeconomic factors.

Read also: Short-Term Holders Keep Buying Bitcoin Despite Losses — Is a Rebound on the Horizon?

Some of the main triggers for this downward trend include the US FOMC meeting minutes, initial jobless benefit claims data, and Jerome Powell’s speech at Jackson Hole.

The spike in volatility ahead of these events put the prices of BTC and other altcoins under pressure. In the midst of this situation, Brian Armstrong’s optimistic predictions have revived investor confidence.

Despite the growing sense of optimism, analysts such as James McKay (McKay Research) cautioned investors not to be too hasty.

He emphasized, “Let’s try to hold the $124K level first, guys,” given that volatility is still high in the crypto market. However, McKay also thinks that this prediction is not entirely exaggerated, because Standard Chartered itself estimates that Bitcoin could reach $500 thousand by 2028.

Interestingly, Armstrong’s views are in line with other major figures such as Jack Dorsey, Cathie Wood, and Changpeng Zhao, who also predict Bitcoin could reach $1 million by 2030.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinGape. Bitcoin to $1 Million: Coinbase CEO Sees US Reserve as Game Changer. Accessed on August 22, 2025
• Coinpedia. Coinbase CEO Brian Armstrong Predicts Bitcoin Price Could Hit $1M by 2030. Accessed on August 22, 2025
• CoinSpeaker. Coinbase CEO Predicts Bitcoin Price to $1,000,000 by 2030. Accessed on August 22, 2025