ARK Invest CEO Cathie Wood Predicts Bitcoin to Reach $700,000 by 2030
- Cathie Wood of ARK Invest forecasts Bitcoin could hit $700,000 to $750,000 by 2030.
- The bull case scenario for Bitcoin is a price target of $1.5 million.
- Bitcoin’s growth is attributed to its potential market share from gold and increased institutional investment.
- Approximately one million more Bitcoins are expected to be minted in the future.
- Wood also anticipates economic growth driven by advances in artificial intelligence (AI).
Cathie Wood predicts significant Bitcoin price increases due to factors like market share expansion and institutional interest. She also sees AI-driven productivity gains contributing to economic growth.
Source (2.6)https://dailyhodl.com/2025/05/09/ark-invest-ceo-cathie-wood-doubles-down-on-bitcoin-prediction-says-base-case-target-for-btc-remains-700000/?rand=59076
