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Brian Armstrong, CEO of Coinbase, stated in a Fox Business interview that Bitcoin could reach $400,000 by 2030. The prediction implies a gain of more than 400% from the asset's current price of approximately $78,000.
Armstrong cited four specific catalysts that he believes will drive the cryptocurrency to that level over the next four years. A central pillar of this outlook is the passage of the CLARITY Act.
Senate due to disputes over stablecoin yields and public disclosure requirements for crypto holdings, the bill aims to establish a clear federal framework for digital assets.
Armstrong argues that once signed into law, Bitcoin would be explicitly defined as a digital commodity under the sole jurisdiction of the Commodity Futures Trading Commission.
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