Coinbase CEO Lowers BTC 2030 Target to $400K
What happened: Brian Armstrong, CEO of Coinbase, told CNBC Squawk Box Asia that a $400,000 Bitcoin price by 2030 remains a "reasonable target.
What happened: Brian Armstrong, CEO of Coinbase, told CNBC Squawk Box Asia that a $400,000 Bitcoin price by 2030 remains a "reasonable target." This marks a downward revision from his previous $1 million forecast in August 2025. Armstrong cited the four-year halving cycle and expressed optimism about impending regulatory clarity, though prediction markets assign only a 17% chance of the Clarity Act passing in 2026.
Why it matters: The revised target reflects a more cautious stance amid a year-long market downturn, with BTC currently trading near $77,000. Armstrong’s comments may signal a broader recalibration of long-term crypto price expectations among industry leaders, as well as persistent regulatory uncertainty in the U.S.
Source: Decrypt