Armstrong Predicts Bitcoin Price Could Reach $400K by 2030 Amid Institutional Adoption

Coinbase CEO Brian Armstrong predicts that Bitcoin's price could reach $400,000 by 2030.

Armstrong made this statement in a CNBC Squawk Box Asia segment, where he tied his long-term conviction in institutional adoption and Bitcoin's growing role in the global financial system to the pace at which capital moves into digital assets.

In the clip, Armstrong walked through the CLARITY Act, a proposed legislation that aims to bring greater regulatory clarity to the crypto industry.

He believes that the bond-market stress is pushing capital toward scarce, non-sovereign assets like Bitcoin, and that Coinbase sits at the center of this flow.