- Ripple CEO Brad Garlinghouse forecasted Bitcoin to reach $180,000 by the end of 2026.
- Garlinghouse highlighted that future U.S. regulatory improvements, such as the CLARITY Act, will benefit the crypto sector.
- Current market sentiment is bullish, with Bitcoin trading above $92,000 and growing interest in a rise to $100,000.
- Other industry leaders predict Bitcoin prices exceeding $100,000 within the next year but are less specific about long-term targets.
Brad Garlinghouse, CEO of Ripple, stated at Binance Blockchain Week that Bitcoin is expected to trade at $180,000 by the end of 2026. The prediction was made during a panel discussion focused on the future of cryptocurrency.
Garlinghouse linked his outlook to the progress of regulatory clarity in the United States, emphasizing the potential impact of the CLARITY Act, a legislative bill aimed at improving market structure for cryptocurrencies. He said, “We have been championing regulatory clarity for crypto broadly in what is generally called the CLARITY Act in the United States.” He added that while the bill might not pass in 2024, he anticipates its approval in the first half of next year, which would boost the overall crypto industry.
Users on Myriad, a prediction market run by Decrypt’s parent company Dastan, assign only a 25% chance that the U.S. Senate Banking Committee will pass the crypto market structure bill before 2026 according to this prediction.
During the same panel, Solana Foundation President Lily Liu predicted Bitcoin would be above $100,000 by the end of 2024. Binance CEO Richard Teng expressed a less precise outlook, indicating Bitcoin’s price would be stronger than it is now.
Bitcoin is currently trading above $92,000, up about 1% for the week. Market participants on Myriad have recently shifted toward predicting a price increase to $100,000 before any significant drop to $69,000, as reflected in this market forecast.
Past forecasts from other crypto figures include Tom Lee, who previously predicted Bitcoin could reach $150,000 to $200,000 by year-end but recently softened his forecast to a possible $150,000. Meanwhile, Michael Saylor maintains his prediction of $150,000 for year-end after significant market liquidations in October and has long-term forecasts of $1 million per coin within four to eight years, and $20 million in 20 years.
Noted tech investor Cathie Wood also projects a long-term rise, recently lowering her 2030 target to $1.2 million per Bitcoin due to growth in stablecoins.
Bitcoin remains about 27% below its all-time high above $126,000, needing nearly a 95% increase to reach Garlinghouse’s forecasted price.
For more details on the policy outlook, see the discussion on the CLARITY Act here. Market sentiment on the next Bitcoin Price move can be found here.
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