23-11-2022 01:46 via newsbtc.com

Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet

Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030.
Is such a lofty price prediction realistic, considering the recent collapse of the crypto market? And can Wood’s call be trusted after the ARK Innovation ETF’s decline that is on par with Bitcoin? Here are all the factors behind the $1M per BTC target in less than a decad
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