Coinbase CEO: The business of crypto has 'never been stronger'

It's astir apt nary tiny astonishment that Coinbase (COIN) co-founder and CEO Brian Armstrong is bullish connected crypto.

But against this heightened backdrop of marketplace volatility amid the US-Israeli attacks connected Iran and a stalled Clarity Act successful Congress, surely the crypto faithful admit his latest upbeat take.

"The foundations for crypto person ne'er been stronger," Armstrong said connected X connected Wednesday, responding to a caller interrogation with Coinbase's caput of strategy, John D'Agostino. (Disclosure: Yahoo Finance has a concern with Coinbase.)

Bitcoin (BTC-USD) prices yet started to travel live contiguous arsenic traders grew much comfy with the integer plus arsenic a imaginable safe-haven commercialized amid the caller war. Bitcoin prices were up 6% to $71,364, arsenic of the clip of this writing.

That said, it has been a unsmooth commencement to the twelvemonth for the crypto industry.

Bitcoin has declined astir 18% twelvemonth to date, arsenic the cryptocurrency endured important volatility passim February, with an disfigured 15% drop. The show marked 1 of its worst months successful caller history.

Pros person attributed February's losses to seasonal weakness, with 5 consecutive months successful the reddish from October 2025 onward creating bearish momentum heading into the archetypal 4th of 2026.

Read more: Is bitcoin's terms volatility an investing opportunity? Here's however to bargain bitcoin.

Meanwhile, the timepiece is ticking for the Clarity Act to beryllium passed successful Washington.

"Let's not fto immoderate moss turn here," Patrick Witt, enforcement manager of the President's Council of Advisors for Digital Assets, urged connected Yahoo Finance's Opening Bid.

Still, Coinbase's D'Agostino argued, these periods of "mean reversion" for bitcoin oregon alleged corrections are a "very natural" portion of a scarce asset's beingness cycle.

And thing absorbing is happening beneath the surface: ETF wealth has mostly stayed successful crypto, Wall Street is inactive keen connected crypto, and semipermanent holders similar Strategy's (MSTR) Michael Saylor and Skybridge Capital's Anthony Scaramucci stay unshaken.

The crypto bears whitethorn request to chill out.

The organization displacement has besides continued. D'Agostino noted that accepted concern giants similar Mastercard (MA) and Visa (V) are present utilizing the USDC (USDC-USD) stablecoin to accelerate outgo settlements, introducing the conception of "settlement finality."