Cathie Wood, CEO of Ark Invest, has significantly lowered her 2030 Bitcoin price prediction from $1.5 million to a revised $1.2 million. This adjustment primarily stems from stablecoin adoption’s rise in global payments and remittances. While acknowledging the long-term value proposition of Bitcoin as a store of wealth, Wood suggests that stablecoins are now fulfilling the roles previously anticipated for Bitcoin in emerging markets. Her views on stablecoins’ growing influence were shared during a recent CNBC interview. 📈 The impact is not only limited to financial models; it also reflects the broader landscape of digital assets, where stablecoins are capturing more attention as practical solutions for high-inflation economies. This shift in perspective is evident in the declining Bitcoin dominance, currently standing at around 48%, a historically low figure. On the other hand, the stablecoin market cap saw a significant increase in 2025, showcasing their growing relevance and impact. 📊 As per on-chain data, the recent drop from Bitcoin’s all-time high to ~$100,775 reflects the changing dynamics of the crypto market.