Coinbase CEO Brian Armstrong stated that Bitcoin may have passed its bottom in the current market cycle and expects a resumption of the upward trend within the next one to two years.
In an interview in Singapore, Armstrong gave his assessment of the future of the cryptocurrency market. The Coinbase executive stated that, in his opinion, Bitcoin has reached a cyclical bottom and that a new upward trend could begin in the next 12-24 months.
Armstrong also stated that a final agreement on the Clarity bill, aimed at regulating the cryptocurrency market in the United States, is approaching. The Coinbase CEO said that regardless of whether the bill is passed by Congress, he expects the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to provide clearer regulatory guidance within one to two weeks.
Armstrong also announced that Coinbase is preparing to launch tokenized stocks in the United States, noting that work in this area is an important part of the company's future plans.
According to Armstrong, there are four main trends that will support the growth of the crypto sector until 2027. These include stablecoin-based payments, the tokenization of stocks and real assets, prediction markets, and financing through 'smart agents'.
The Coinbase CEO stated that these areas will contribute to the wider adoption of the crypto ecosystem and will be among the key growth drivers for the market in the upcoming period.
*This is not investment advice.
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