ARK Invest Forecasts Bitcoin Surge to $700,000 by 2030

Cathie Wood, CEO of ARK Invest, has shared her ambitious prediction for Bitcoin’s future value. According to ARK Invest, Bitcoin could reach a staggering $700,000 in just over a decade, based on various market and economic factors driving this growth. These forecasts have been presented during an interview with CNBC’s Squawk Box, where Wood revealed that the firm has long anticipated a surge in Bitcoin value by 2030, with estimates ranging between $700,000 to $750,000 for a basic scenario, while an optimistic outlook forecasts as high as $1.5 million.