The CEO of Ark Invest reiterates that it is possible that Bitcoin could reach $1.5 million by 2030. For this to happen, favorable conditions at a regulatory and economic level would have to be maintained.
Ark Invest CEO Cathie Wood reiterated that Bitcoin could reach $1.5 million by 2030. For this, favorable conditions at a regulatory and economic level should be maintained. Wood even dared to say that in the future it could be worth $4 million.
The founder and CEO of Ark Invest, Cathie Woodreiterated that Bitcoin could be quoted at about US$1.5 million by 2030.
For this to happen, the first change has to do with the administration of the newly elected president, donald trumpand the sector expects a “regulatory relief.”
Secondly, he said that reading about Bitcoin changed: “We’re seeing Bitcoin now being considered a new asset class. It’s not just a global monetary system, it’s a new asset class. And what that means is that institutions and asset allocators generally say: ‘Wait a minute, this asset is behaving differently than all the other assets we need to include’. So I think that’s the next big step.”
Trump’s victory had a notable effect on the price of Bitcoin, Since in these last two weeks, the digital currency broke its historical records three times, and touched US$96,000 per unit.
Source: Ambito
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