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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

THE TRUTH ABOUT: Cathie wood s ark sees bitcoin price rising above 1m by 2030 - The Untold Story

ARK Cathie Wood COIN Ark Invest

Cathie Wood’s Ark Invest says the price of a single Bitcoin (CRYPTO: BTC) could rise above $1 million by 2030.

What Happened: Ark analyst Yassine Elmandjra wrote in the company’s annual research report titled “Big Ideas 2022” that “Bitcoin’s market capitalization still represents a fraction of global assets and is likely to scale as nation-states adopt as legal tender.”

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