Crypto Future: Bitcoin Could Hit $650,000 According to Wood

As financial markets wonder about the future of cryptocurrencies, Cathie Wood, the famous CEO of Ark Invest, reaffirmed her bold bet on Bitcoin. According to her, the queen crypto could experience a 600% increase to reach $650,000 by 2030. These projections, based on economic dynamics and regulatory developments, generate growing interest among both institutional and individual investors.

A vision supported by solid arguments

During a recent intervention on CNBC, Cathie Wood revealed Ark Invest's outlook regarding Bitcoin. She stated: "We have a target for 2030. In our base scenario, it is approximately $650,000, and in our optimistic scenario, it could be between $1 and $1.5 billion." These important figures are based on several catalysts, including the arrival of clearer regulations under the pro-crypto US administration.

Wood also highlighted the evolution of Bitcoin as a new asset class, which attracts the attention of traditional portfolio managers. This institutional adoption, combined with the scarcity of Bitcoin, would, according to her, be a key driver for its future appreciation. Her observation on the historical behavior of crypto supports this. If you look at the years when Bitcoin reduced its mining rewards and where inflation decreased to 0.9%, it has generally seen good progress” indicates-t-elle.

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Towards a market redefined by adoption and inflation

Beyond the numbers, Cathie Wood anticipates a structural transformation of the market. “Bitcoin is now perceived as much more than just a global monetary system. It is a distinct asset class,” she said. Thus, this recognition drives institutional investors to integrate Bitcoin into their portfolios