Concerns about artificial intelligence have recently amplified, sparking discussions about government support for the sector. This week saw Trump’s AI advisor rule out federal bailouts for AI companies, while simultaneously advocating for an end to the filibuster in Congress. Notably, Cathie Wood, CEO of Ark Invest and a prominent crypto advocate, has adjusted her long-term Bitcoin price target following these developments. Wood lowered her prediction from $1.5 million to $1.2 million for Bitcoin’s future value by 2030. She attributes this adjustment to the increasing role of stablecoins in the market, suggesting they are competing with Bitcoin’s intended purpose.