ARK Invest, led by CEO Cathie Wood, predicts a significant surge in Bitcoin’s value by 2030. Her analysis indicates potential price hikes reaching up to $700,000, driven by several key factors. Wood highlights the cryptocurrency’s potential to capture a portion of the gold market and diversify as a valuable store of wealth, alongside increased institutional investment opportunities in the coming years. Furthermore, emerging markets are expected to play a significant role, bolstering Bitcoin’s position in the global financial landscape. 2030 may mark a turning point for Bitcoin as its growth will be propelled by economic trends such as a potential end to recession and advancements in AI that boost productivity. She believes these factors could create new opportunities for both Bitcoin and the overall cryptocurrency market.