PANews
PANews|Sep 22, 2025 03:57
Coinbase CEO: Bitcoin Could Hit $1 Million by 2030, Tailwinds Are Building Up In a recent Fox News interview, Coinbase CEO stated that Bitcoin is increasingly being seen as 'digital gold,' serving as a safe-haven asset during times of economic uncertainty. Rather than focusing on short-term volatility, he emphasized long-term trends and predicted that Bitcoin could surpass $1 million per coin around 2030. He outlined several key tailwinds: First, the regulatory environment is gradually becoming clearer. The advancement of the 'Genius Act' and market structure legislation could mark a significant turning point. Second, the U.S. has already established a strategic Bitcoin reserve, which might prompt other G20 nations to follow suit, driving greater demand. Third, Bitcoin ETFs have been launched by multiple companies, with Coinbase responsible for approximately 80% of custody. Institutional funds are flowing into the market at an increasing pace. He highlighted that the global Bitcoin supply cap is only 21 million coins, while many capital pools have yet to enter the market. This indicates that Bitcoin still has substantial long-term upside potential.
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