Story perspectives
Cathie Wood Predicts Bitcoin Will Hit $1.2M by 2030
11/6/2025
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Story summary
- Cathie Wood, CEO of Ark Invest, revised her Bitcoin forecast to $1.2 million by 2030, citing stablecoins' rapid rise.
- She notes stablecoins are taking roles previously attributed to Bitcoin, especially in emerging markets.
- Wood remains optimistic about Bitcoin's long-term value, noting institutional interest and describing Bitcoin as a global monetary system with an expanding ecosystem.
- Bitcoin's price recently dipped below $100,000 for the first time in four months, trading at $102,510.
