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Bitcoin could hit $1 million as US dollar weakens amid rising national debt, says ProCap CEO.

Market News
05 Jun 2026
Crypto Briefing
View Source
Bullish
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ProCap Finance CEO Anthony Pompliano predicts Bitcoin's price could surpass $1 million due to the weakening US dollar and rising national debt, currently around $40 trillion. He argues that as the dollar loses purchasing power, Bitcoin's fixed supply makes it a strong store of value. ProCap has been accumulating Bitcoin, holding over 5,400 BTC, signaling confidence in this thesis. Investors should watch ProCap's Bitcoin purchases, US debt trends, and Bitcoin's correlation with the dollar to assess this outlook, while noting Pompliano's vested interest in Bitcoin's success.

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