Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030 (2024)

  • Jack Dorsey believes the price of bitcoin could reach over $1 million by the end of 2030.

  • His outlook aligns with that of other industry leaders, such as Cathie Wood, who predicted that bitcoin could go as high as $1.5 million by that time.

Former Twitter CEO and now founder and backer of several crypto projects, Jack Dorsey, believes that bitcoin (BTC) will go as high as $1 million by 2030.

When asked about a price prediction for bitcoin in an interview with Pirate Wires, Dorsey said, “I don’t know. Over… at least a million. I do think it hits that number and goes beyond.”

While the price of the cryptocurrency is interesting, he said, it’s the ecosystem and movement that fascinates Dorsey.

“The most amazing thing about bitcoin, apart from the founding story, is anyone who works on it, or gets paid in it, or buys it for themselves—everyone who puts any effort in to make it better—is making the entire ecosystem better, which makes the price go up,” he said.

While $1 million seems like a stretch from bitcoin’s current price of $60,886, other big names in the industry have voiced similar outlooks. Ark Invest founder and CEO Cathie Wood has even taken it a step further, predicting the token will reach $1.5 million by 2030.

Ever since stepping down as Twitter CEO in 2021, Dorsey has become an advocate for the industry, leading and endorsing several projects over the years. In 2019, he became a backer of social media startup BlueSky, which he recently stepped away from as his vision for a decentralized social media platform aligns more with a competitor Nostr.

Dorsey also founded a company called Square in 2009, which was rebranded to Block in 2021 as his interest in blockchain technology grew.

Edited by Aoyon Ashraf.

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030 (2024)

FAQs

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030? ›

Jack Dorsey believes the price of bitcoin could reach over $1 million by the end of 2030. His outlook aligns with that of other industry leaders, such as Cathie Wood, who predicted that bitcoin could go as high as $1.5 million by that time.

What is the prediction for Bitcoin in 2030? ›

Bitcoin (CRYPTO: BTC) has been on a fantastic run over the past year and a half -- it's now up by 299% since the start of 2023.

What is the realistic Bitcoin price prediction for 2025? ›

Bitcoin Price Prediction 2025
BTC predictionMinimumMaximum
2025$44001.23$69808.37
May 19, 2024

What is the future price of Bitcoin cash in 2030? ›

Long-term Bitcoin Cash price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
YearYearly LowYearly High
2027$ 304.94$ 394.18
2028$ 344.92$ 575.39
2029$ 422.23$ 1,543.63
2030$ 106.21$ 683.04
2 more rows

How much will Bitcoin be worth in 2050? ›

Bitcoin Overview
YearMinimum PriceMaximum Price
2032$1,556,210.36$1,890,559.93
2033$2,330,561.92$2,724,386.53
2040$3,255,046.46$3,906,056.36
2050$4,557,065.25$4,918,737.08
8 more rows

How much will 1 Bitcoin be worth in 2040? ›

By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040. Conversely, if the market turns bearish, the minimum price level of BTC Coin could fall down to $5,42,838.40 by 2040.

How much will Bitcoin be worth in 10 years? ›

However, some experts have offered bold projections. Cathie Wood, the founder, chief executive officer, and chief investment officer of ARK Invest, believes that Bitcoin could be worth $1 million per coin before 2030, as adoption by institutional investors increases.

What is the highest price prediction for Bitcoin? ›

Given the historical patterns and current market conditions, many analysts predict that Bitcoin could see another significant rise. Some forecasts suggest that Bitcoin could reach new all-time highs, potentially surpassing $100,000 by 2025.

What is the realistic Bitcoin price prediction for 2035? ›

Drawing inferences through the stock-to-flow model by PlanB, Fidelity has put forward a $1000 million price target for BTC by 2035. Furthermore, it also sees Bitcoin touching a $1-million price target in a decade's time. Bitcoin Exchange Guide was the first to report about it.

How much will 1 ethereum be worth in 2030? ›

ETH price could end the trade for May 2024 with a potential high of $3,859. By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21. The current price of 1 Ethereum is $ 3,913.61681885.

What is the legend price of Bitcoin in 2030? ›

Bitcoin Legend Long-term Price Prediction
YearAverage Price (USD)Low Price (USD)
2030$0.05003$0.00006409
2035$0.06054$0.00004639
2040$0.04968$0.04969
2045$0.01982$0.01983
7 more rows

How high could bitcoin cash go? ›

Our real-time BCH to USD price update shows the current Bitcoin Cash price as $466.72 USD. Our most recent Bitcoin Cash price forecast indicates that its value will increase by 5.56% and reach $492.68 by May 30, 2024.

What is a realistic prediction for Bitcoin in 2030? ›

According to your price prediction input for Bitcoin, the value of BTC may increase by +5% and reach $ 91,870.37 by 2030.

What will 1 ethereum be worth in 2050? ›

Ethereum (ETH) Price Prediction 2024-2040
YearMinimum PriceAverage Price
2032$87,586.24$90,495.95
2033$126,956.30$131,481.85
2040$168,296.17$184,074.59
2050$226,147.38$244,555.54
8 more rows

What is the price prediction for Dogecoin in 2040? ›

DOGE price predictions 2040

Coincodex's prediction for Dogecoin's price in 2040 spans from $0.170 to $2.62, factoring in various growth scenarios, including 5% and 10% yearly growth rates, the historical ROI of the S&P 500, and Bitcoin's average yearly growth over the past five years.

How much will BTC be worth in 20 years? ›

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

Jurrien Timmer, Director of Global Macro at Fidelity Investments, predicts a staggering future for Bitcoin, suggesting that the value of a single Bitcoin could soar to $1 billion by 2038 to 2040.

How much will dogecoin be worth in 2030? ›

Dogecoin (DOGE) Price Prediction 2030
YearPrice
2025$ 0.174027
2026$ 0.182728
2027$ 0.191864
2030$ 0.222107
1 more row

Which crypto will explode in 2024? ›

Discover the top altcoins for potential growth in 2024, including 5thScape, DarkLume, Polygon, Ethereum, and Avalanche. Learn about their unique features and investment opportunities to enhance your portfolio. A mix of innovation, potential growth, and resilience waits in the realm of the best altcoin in 2024.

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