The Case for $1Million BTC: ARK Invest’s Cathie Wood’s Bold Prediction

Cathie Wood, the founder and CEO of ARK Invest, who has made a bold prediction: Bitcoin could reach $1 million within the next five years. TLDR Bitcoin’s price rallied from around $40,000 to over $70,000 in one quarter, largely driven by positive inflows into Bitcoin ETFs. Despite significant selling by Grayscale’s Bitcoin Trust (GBTC), other [...]

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