These 7 Big Financial Technology Companies Expect Bitcoin's Price to Melt Up
Portfolio Pulse from
Seven prominent financial technology companies, including Standard Chartered, Bank of America, Morgan Stanley, Block, Coinbase, BlackRock, and Ark Invest, are bullish on Bitcoin's long-term prospects. They forecast potential price targets ranging from $200,000 to $1.5 million by 2030, driven by institutional adoption, potential regulatory clarity, and macroeconomic factors.
March 23, 2025 | 11:30 am
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POSITIVE IMPACT
Coinbase CEO Brian Armstrong expects Bitcoin to potentially replace gold's market cap and reach multiple millions in value, suggesting strong long-term growth potential for the cryptocurrency exchange.
Positive long-term forecast from Coinbase's CEO directly impacts the company's core business and investor sentiment around cryptocurrency trading platforms.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 85
POSITIVE IMPACT
BlackRock's iShares Bitcoin Trust (IBIT) owns over half a million BTC, with CEO Larry Fink predicting potential price increases to $700,000 based on currency debasement and economic uncertainty.
BlackRock's significant Bitcoin holdings and bullish forecast suggest strong potential for growth in their Bitcoin ETF.
CONFIDENCE 80
IMPORTANCE 95
RELEVANCE 90