Coinbase CEO Sees Bitcoin Bottom At $60K

Bitcoin has likely bottomed out around $60,000 Coinbase CEO Brian Armstrong believes Bitcoin has likely bottomed out around the $60,000 mark. The short-term downturn was driven by risk capital shifting toward the AI sector and a cooling inflation outlook. A

Bitcoin has likely bottomed out around $60,000

Coinbase CEO Brian Armstrong believes Bitcoin has likely bottomed out around the $60,000 mark.

The short-term downturn was driven by risk capital shifting toward the AI sector and a cooling inflation outlook.

Armstrong remains optimistic, expecting a much higher price by 2030 and states he is long on Bitcoin.

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