Coinbase CEO Brian Armstrong has reiterated his confidence in Bitcoin despite recent market volatility.
In a June 15 post on X, Armstrong said he remains “as bullish as ever on Bitcoin” and confirmed that he is still holding his position. He also reminded investors that markets are “never as good or bad as they seem,” a message he has repeated during previous periods of uncertainty.
His comments came after Bitcoin recovered from last week’s decline below $60,000. The rebound has helped improve sentiment across the crypto market, although traders remain cautious about whether the recovery can continue.
I’m as bullish as ever on Bitcoin, and still long (as always).
It’s never as good or bad as it seems. pic.twitter.com/AeRmUJsNt3
— Brian Armstrong (@brian_armstrong) June 15, 2026
Armstrong has frequently argued that short-term price swings do not reflect the long-term growth of the crypto industry. His latest comments suggest he still sees Bitcoin as a key part of the sector’s future despite ongoing market fluctuations.
Bitcoin rebounds above $65,000
Bitcoin moved above $65,500 after U.S. President Donald Trump announced that a deal with Iran had been reached and that the Strait of Hormuz had reopened to international shipping.
The development helped ease concerns about oil supply disruptions and inflation pressures, boosting risk assets across global markets. Bitcoin traded around $65,759 at press time, up more than 2% over the previous 24 hours.
The move marked Bitcoin’s highest level in nearly two weeks. However, analysts note that stronger trading volume above $68,000 may be needed to confirm a broader market recovery. ETF outflows and recent selling pressure also remain important factors for investors to monitor.
Armstrong says crypto growth extends beyond Bitcoin
Armstrong has also emphasized that Bitcoin is no longer the only measure of crypto industry growth. He recently pointed to expanding activity in stablecoins, derivatives, perpetual futures, and prediction markets as evidence that the sector continues to evolve. According to Armstrong, crypto now touches nearly every part of finance.
While Bitcoin remains the industry’s largest asset, he believes the market’s future will be shaped by a much wider range of products and services than in previous cycles.
Meanwhile, the Coinbase chief executive had previously expressed optimism about Trump’s re-election, citing the president-elect’s openness to digital assets and financial innovation as a potential catalyst for a more favourable federal stance toward cryptocurrency and blockchain technology.
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