• Coinbase Chief Executive Brian Armstrong said Bitcoin (CRYPTO:BTC) has likely bottomed near US$60,000.
• Bitcoin traded above US$66,000 after recovering from a June low of about US$59,743 and gaining nearly 3% over 24 hours.
• Armstrong linked his view to Bitcoin’s historical four-year halving cycle and said he expects higher prices by 2030.

Bitcoin (CRYPTO:BTC) may have found a price floor near US$60,000, according to Coinbase Chief Executive Brian Armstrong, who said the cryptocurrency has likely bottomed after rebounding from a recent low of US$59,743.

The comments came as Bitcoin traded above US$66,000 on Monday, up nearly 3% over 24 hours, after the United States and Iran reached an agreement to reopen the Strait of Hormuz, while the…