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… Read more on BitcoinMagazine