Wu Blockchain (@WuBlockchain): Coinbase CEO: Bitcoin Has Likely Bottomed Around $60K

Coinbase CEO: Bitcoin Has Likely Bottomed Around $60K On June 11, 2026, Coinbase CEO Brian Armstrong @brian_armstrong joined the Moonshots with Peter Diamandis podcast to share his outlook on Bitcoin's recent market performance. Armstrong analyzed that the short-term downturn was driven by three main factors: risk capital shifting toward the AI sector, the growing excitement around stablecoins due to regulatory clarity, and a cooling inflation outlook that made Bitcoin's traditional inflation trade less appealing. However, his instinct is that Bitcoin has likely bottomed out around the $60,000 mark. Armstrong believes these are purely short-term effects and that Bitcoin, as the new digital gold, will be a key part of the future economy. Remaining optimistic, he expects a much higher price by 2030 and states he is long on Bitcoin just like always.