The CEO of ARK Invest said that even under a conservative scenario, Bitcoin could reach $650,000 by 2030. However, the first cryptocurrency is capable of more, the CEO said. Cathie Wood explained in an interview with CNBC: Bitcoin's position as an important asset class for diversifying an investment portfolio has strengthened in recent weeks, largely due to the victory of the Republicans led by Donald Trump in the US elections.

Under a positive, bullish scenario, the first cryptocurrency could exceed the $1.5 million mark by the end of 2030, and the vast majority of large investment funds will hold the asset on their balance sheets, which will further increase the value of BTC, Cathie Wood believes.

According to her, in 2025, the regulatory policy towards the crypto industry in the United States will be as favorable as possible, which will allow companies not to be afraid of persecution and senseless lawsuits. Earlier, Cathie Wood said in an interview on Squawk Box that the rise in the value of Bitcoin this year is partly due to people trying to protect themselves from the accelerating devaluation of national currencies.