CEO of Coinbase: Bitcoin could break $100 000 by the end of 2026

8/21/2026, 09:24 AMЕвгения Слив

The crypto market is on the verge of the next bull run; Bitcoin could break the $100,000 level by the end of 2026 and surpass the $400,000 mark by 2030. This is the opinion shared by Brian Armstrong, CEO of Coinbase exchange, in an interview for Fox Business. When asked by the host whether the rise in Bitcoin on August 19–20 is linked to the high chances of the adoption of the framework bill on the structure of the crypto market, the CLARITY Act, Armstrong answered in the affirmative and added that the market is at the very beginning of the next bull cycle.

According to Armstrong, the chances of Bitcoin breaking through the $100,000 level by the end of 2026 are quite high. By 2030, he expects the first cryptocurrency to be worth 300,000–400,000. In an interview with CNBC, he elaborated on this idea, stating that the bearish phase is close to ending. The market has been in a bear market phase for the entire past year, and if you look at previous cycles, such periods lasted about 170–180 days, Armstrong noted. The transition to the bullish phase is driven by a number of factors, primarily the vote on the CLARITY Act, scheduled for September 15, 2026. Armstrong also pointed out that October, November, and December are traditionally strong months for crypto assets.

CoinGlass data partially confirms this: Bitcoin has experienced a drawdown in October only 3 times over the entire observation period, and in November – 5 times; however, December is already historically a red month, уступая only to August. Armstrong also noted that key players in the sector, including Coinbase, have managed to diversify earnings during the bear market, making their business sustainable. He mentioned areas such as tokenized real–world assets (RWA), perpetual futures and other derivatives, as well as AI Fi, a financial infrastructure for AI agents.

In an interview for CNBC, Armstrong noted that the chances of adopting the CLARITY Act are quite high. According to him, Senate representatives would not have scheduled the vote for September 15 if the likelihood of approval were low. The new version of the document meets the requirements of both sides by approximately 90%, and the administration has proposed a compromise on the ethical amendments. However, some lawmakers claim that there is no compromise, and the executive branch refuses to engage in dialogue.

Armstrong commented on the resistance to the bill from banks in an interview for Fox Business. According to him, many large financial counterparties have supported the initiative, as the bill provides them with new opportunities for business development. However, there are several banks that oppose it due to their reluctance to face competition from crypto companies and the need to pay customers higher interest rates. At the same time, according to him, lawmakers do not intend to indulge in protectionism in the interests of this small group of banks.

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The material was prepared solely for informational and educational purposes and does not constitute financial advice or a recommendation.

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