Coinbase CEO Predicts Bitcoin Price Could Reach $1M in 2030

Highlights:

• Brian Armstrong predicts the Bitcoin price could hit $1M by 2030 with stronger regulations.
• He highlights stablecoin laws, the US Bitcoin reserve, and rising ETF interest.
• Eric Trump predicts Bitcoin reaching $1M soon, while expecting $175K by year-end.

During Wednesday’s “Cheeky Pint” podcast, Coinbase CEO and co-founder Brian Armstrong told John Collison that Bitcoin could reach $1 million by 2030. He mentioned several factors driving his Bitcoin forecast, noting that clearer U.S. regulations are emerging, which he described as a signal for the rest of the G20.

Armstrong Outlines Key Factors Behind Bold $1M Bitcoin Prediction

Armstrong also shared on X on Thursday, highlighting his Cheeky Pint podcast discussion. His forecast attracted notice because he seldom comments publicly on price predictions, despite leading one of the crypto world’s top exchanges.

Armstrong pointed to the newly approved Genius Act for stablecoins and the market structure bill currently under Senate discussion. He added that progress by year-end would mark a significant milestone for the industry. Armstrong also talked about the US Strategic Bitcoin Reserve, saying five years ago it would have seemed impossible for the government to hold Bitcoin. Other factors supporting this outlook include growing interest in crypto exchange-traded funds (ETFs). 

I think we'll see $1M per bitcoin by 2030.

Regulatory clarity is finally emerging, the US government is keeping a BTC reserve, there's a growing interest for crypto ETFs, among many other factors.

(Not financial advice of course, it's impossible to guarantee) pic.twitter.com/w5EfcYFvVp

— Brian Armstrong (@brian_armstrong) August 20, 2025

Armstrong noted that the biggest risks to Bitcoin’s future are fading. Fears of government bans have lessened, and the protocol has endured over ten years of scrutiny. Coinbase CEO also mentioned the need for quantum-resistant upgrades, adding that developers are already working on solutions. He stressed that this is not financial advice, highlighting the uncertainty of price predictions.

Eric Trump Bullish on Bitcoin Price as McKay Urges Caution

That same day at the Wyoming Blockchain Symposium, Eric Trump said Bitcoin could climb to $1 million within a few years, expressing strong confidence it will eventually pass that milestone. Earlier this year, he co-founded the mining firm American Bitcoin, and at the SALT conference in Jackson Hole, he described himself as a “bitcoin maxi.”

Trump noted that more than half of his time is now dedicated to crypto ventures and reaffirmed his call that Bitcoin could reach $175,000 per coin before the year ends. Trump shared personal stories highlighting flaws in the current financial system and explained how Bitcoin and blockchain can improve transaction speed and payment settlements.

However, James McKay from McKay Research advised that Bitcoin investors should stay cautious with future targets. He mentioned on X that holding $124K is the first challenge, as Bitcoin recently hit $124,128 before losing momentum. Still, he noted Armstrong’s call was not unrealistic, since Standard Chartered also expects $500,000 by 2028. According to him, interest from institutions, Bitcoin buying by companies and nations, and the rise of spot ETFs are all helping the market.

*BULLISH*

Coinbase CEO Brian Armstrong said he believes #Bitcoin could reach $1 million by 2030.

For context Standard Chartered have a 500K $BTC prediction for 2028, so $750K to $1 million by 2030 not out of left field.

But let's try and hold 124K first guys. pic.twitter.com/xtBmqnmTbz

— James McKay (@McKayResearch) August 21, 2025

Crypto sentiment is back to neutral after Bitcoin recovered from Wednesday’s drop. BTC fell to $112,350, a 10% pullback from its August high above $124,000. The Fear & Greed Index dropped to 44, the lowest in two months. By Thursday, the Bitcoin price bounced to $114,500, pushing the index back to 50. Santiment warned of more FUD and noted rising social buzz around Bitcoin, Tether, XRP, Cardano, and memecoin SNEK.

📈 As anticipated, crypto markets have began to rebound. Watch for more FUD, like the signal we revealed yesterday, as optimal buy signals. Markets move opposite to crowd's expectations:

🔗 Link to monitor crowd FOMO & FUD: https://t.co/4h3mmr1ENp https://t.co/hEExe7Byr6

— Santiment (@santimentfeed) August 20, 2025