📈 Cathie Wood believes that Trump's presidency will trigger a "merger boom," with Bitcoin expected to reach 1 million dollars
Ark Invest founder Cathie Wood recently made an optimistic forecast, stating that if Trump is elected president, the startup ecosystem will experience a wave of "merger mania."
Mergers that have been hindered by cumbersome regulations in the past will be unleashed with the new government's arrival. 💼
The Federal Trade Commission (FTC)'s policy shift will bring new "liquidity events" for startups, creating a multitude of merger opportunities.
Bitcoin is expected to break the 1 million dollar mark before 2030, and she believes that the supply-demand fundamentals of Bitcoin will be the core driving force behind the price increase.
She pointed out that Bitcoin's scarcity even surpasses that of gold, and with the Trump administration possibly easing cryptocurrency regulations, the growth rate in this sector will accelerate even further. 🚀