Coinbase CEO Brian Armstrong Says Clarity Act Will Pass — And That Bitcoin Bottom Is In

Bitcoin Magazine Coinbase CEO Brian Armstrong Says Clarity Act Will Pass — And That Bitcoin Bottom Is In Coinbase CEO Brian Armstrong has said that bitcoin’s bottom is in and reiterated that the coin will hit $400,000 by 2030.  Speaking on CNBC Thursday, the head of America’s biggest crypto exchange said that he was confident the long-awaited crypto Clarity Act would pass next week.  Bitcoin was trading sluggishly throughout June and July but started surging in August, spurred on by positive regulatory news.

Over a 30-day period, the largest cryptocurrency is currently up over 20%.  JUST IN: Coinbase CEO Brian Armstrong tells CNBC the Bitcoin "bottom is in" and BTC hitting $400,000 by 2030 is a "reasonable target" pic.twitter.com/RYfipYCNDk— Bitcoin Magazine (@BitcoinMagazine) September 10, 2026 “[$400,000] is a reasonable target by 2030, and if you follow crypto, you know it typically goes through these four-year-ish cycles: there’ll be a run-up, some euphoria, there’ll be a down period,” Armstrong said.  “Most of the down periods last about a year, and we’ve actually just come across the one-year mark for this down period, so I personally believe that the bottom is in.” Bitcoin was recently trading for close to $77,318 per coin.

It hit a new all-time high of $126,080 in October.  Market observers have been paying attention to the long-awaited Clarity...