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Top Cryptocurrency to Buy Before It Soars 6,200%, According to Cathie Wood of Ark Investor

Wood sees several possible sources of Bitcoin's growth. Her single biggest factor is the view that Bitcoin is a digital form of gold. It's becoming a store of value that can be used to hedge against inflation and currency devaluation. She sees a shift in sentiment.

Bitcoin is moving from a speculative investment to a vehicle of wealth protection, pointing to the banking crisis of 2023 that saw a surge in money moving into Bitcoin. During times of crisis and uncertainty, people tend to move money out of what they see as risky assets and into safer ones.$ETH $BTC