Brian Armstrong, CEO of Coinbase, predicts that Bitcoin (BTC) could reach $1 million per token by the end of 2030. This forecast aligns with the optimistic projections of other notable figures in the cryptocurrency space, including Jack Dorsey and Cathie Wood from Ark Invest, the latter of whom has raised her firm's price target for Bitcoin to $3.8 million. Currently, Bitcoin is trading at $114,383, following a recent all-time high above $124,000. Armstrong's prediction, made during a podcast appearance, is significant as he typically does not provide public price targets. The rise in Bitcoin's price has been attributed to increasing institutional adoption, reinforcing its position as a potential hedge against inflation, similar to gold. Additionally, investors like Anthony Scaramucci envision even more immediate gains, suggesting Bitcoin might skyrocket to $180,000 to $200,000 within the next five months.

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