Cathie Wood lowers Bitcoin forecast to 1,200,000 USD by 2030 as stablecoin usage increases

Cathie Wood, CEO of ARK Invest, has reduced her Bitcoin prediction from 1,500,000 USD to 1,200,000 USD for 2030 due to the increasing use of stablecoins as payment methods.

She emphasizes Bitcoin’s continued relevance in investment portfolios while ARK Invest expands its holdings in cryptocurrency platforms, as market competition among stablecoin issuers strengthens.

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