Crypto
$1.5M BTC by 2030? Blockstream CEO Adam Back Makes Case
Blockstream's CEO Adam Back believes Bitcoin will reach $1.5 million per coin within four years, according to a recent podcast interview.
The prediction comes as Bitcoin continues its bull run, with the asset currently trading at $87,290.
Back cited several factors that could drive up the price of BTC, including increasing institutional capital flows into the digital asset industry and the potential for US spot Bitcoin ETFs to generate billions in net inflows.
The CEO also noted that expanding regulatory clarity, despite the CLARITY Act failure, as well as the Bitcoin halving and its fixed-supply effect, will contribute to higher prices.