Bitcoin at $1M by 2030? #btc

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2 years ago
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Cathie Wood still believes BTC will hit $1m 💰
Cathie Wood the founder of ARK is sticking by her prediction that Bitcoin will surge to $1 million by the end of the decade. In a recent report, her firm argues that the failure of centralized businesses over the past year have actually elevated BTC's value propositions — "decentralization, auditability, and transparency." Over three, four and five-year timeframes, ARK Invest said Bitcoin has "outperformed every major asset class." Beyond that, institutions including BlackRock, BNY Mellon and Fidelity among others, committed to BTC during the bear market. ARK's research forecasts that digital assets could end up being a $10 trillion business by 2030 too, compared with about $1 trillion today.

Source: https://coinmarketcap.com/alexandria/article/Cathie-Wood-Still-Believes-Bitcoin-Can-Hit-dollar1M-By-2030-Here's-Why

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