Bitcoin hits $102K as Armstrong cites government-level buying and rising ETF-driven demand
Coinbase CEO sees BTC surge as early sign of sovereign interest and long-term policy alignment
Armstrong’s multi-million Bitcoin outlook gains traction as U.S. reserve talks and state bills grow
Bitcoin has pushed past the $102,000 mark, showing renewed momentum in 2025. This latest surge, a 3.17% rise in 24 hours, is powered by growing institutional adoption, strong Bitcoin ETF inflows, and increasing legislative interest in a U.S. strategic Bitcoin reserve. Bitcoin’s market capitalization now stands at $2.04 trillion.
Trading volume for Bitcoin also jumped 37.53% in the same period, to $73.13 billion. With 19.86 million BTC circulating, close to its 21 million cap, recent market activity points to heightened investor engagement and better liquidity.
Coinbase CEO Brian Armstrong Foresees Multi-Million Dollar Bitcoin
Following Bitcoin’s price jump, Coinbase CEO Brian Armstrong stated Bitcoin could eventually hit a multi-million-dollar valuation per coin. He cited expanding institutional demand and the success of U.S.-listed Bitcoin ETFs as key reasons. Armstrong…
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