Deep Tide TechFlow news, on December 5, according to Cointelegraph, Bitcoin broke through the historical high of $100,000 on December 5. ARK Invest CEO Cathie Wood believes that Bitcoin is still in the 'early stages' and its prospects remain bright. Data shows that Bitcoin reached a market value of $2 trillion in just 16 years, significantly faster than Apple's and Amazon's growth rates of 42 years and 29 years, respectively.
On the same day, Wood congratulated Trump for nominating pro-cryptocurrency figure Paul Atkins to replace Gary Gensler as SEC chairman. She also specifically mentioned that Federal Reserve Chairman Powell has positioned Bitcoin as 'digital gold' and emphasized that Bitcoin, as a borderless digital asset, will have an innovative concept and application scope far beyond traditional gold. ARK Invest released its latest research report, predicting that the price of Bitcoin will exceed $1 million by 2030.
