Bitcoin Could Reach $1.5 Million by 2030, Says ARK Invest CEO
- Cathie Wood of ARK Invest predicts Bitcoin may rise to $1.5 million by 2030.
- Current Bitcoin market value is approximately $95,500.
- ARK outlines three scenarios: $300,000 (conservative), $710,000 (middle-ground), and $1.5 million (bull case).
- Institutional investors might allocate up to 6.5% of their portfolios to Bitcoin in the most optimistic scenario.
- Stablecoin transaction values reached $15.6 trillion in 2024, surpassing Visa and Mastercard volumes.
Cathie Wood projects a potential rise in Bitcoin’s value to $1.5 million by 2030, with current value at about $95,500 and stablecoins surpassing traditional payment systems in transaction volume.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-to-1-5-million-ark-invest-ceo-cathie-wood-says-its-coming/?rand=52377