Coinbase CEO: Finance ministers of many countries are paying attention to Bitcoin, and it is expected to rise to millions of dollars in the long run
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Odaily reported that Coinbase CEO Brian Armstrong said in an interview that in the long run, the price of Bitcoin will reach millions of dollars. He pointed out that Bitcoin has made great progress so far, and he expects that more institutional investors will continue to enter the market through ETFs and other means. In particular, they seem to believe that the inauguration of US President Trump, who has a positive attitude towards cryptocurrencies, will be a positive factor. Armstrong did not mention a specific amount or time frame when predicting the price of Bitcoin. He also listed the factors of the US clearly defining cryptocurrency regulations and the US holding Bitcoin as a strategic reserve. He also said that if the US holds Bitcoin, the G20 countries will follow suit. Armstrong added that in an interview at the Davos Forum, he spoke with the finance ministers of many countries and found that their interest in holding Bitcoin is increasing. (CNBC)
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