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Bitcoin at $400K by 2030 Still 'Reasonable Target': Coinbase CEO

Coinbase CEO Brian Armstrong told CNBC that a Bitcoin price of $400,000 by 2030 remains a reasonable target, while the token currently trades near $77,000. He said he believes the year-long down cycle has bottomed, and pointed to the next halving — about 18 months away — as a likely catalyst for gains.

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