News with the tag "Cathie Wood Bitcoin prediction"

In a bold and optimistic forecast, Cathie Wood , CEO of ARK Invest , has projected that Bitcoin (BTC) could reach $600,000 by 2030 and potentially soar to $1.5 million during a bull market scenario. This statement was made during an interview with CNBC , as reported by Cointelegraph on X (formerly T...

The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was the flight to safety,” emphasizing...