Cathie Wood Remains Confident in Bitcoin’s $700,000 Price Target by 2030

Ark Invest CEO Cathie Wood has reiterated her prediction that Bitcoin could reach $700,000 by 2030. This bullish outlook is fueled by strong market dynamics and increasing institutional interest in the cryptocurrency. Wood believes Bitcoin’s potential as a store-of-value asset will drive its long-term growth, particularly as it competes with traditional assets. She highlights that growing adoption from institutional investors and emerging markets presents significant opportunities for Bitcoin’s future dominance.