Cryptocurrencies

“1 Spectacular Cryptocurrency [Bitcoin] That Could Soar by 1,159%, According to Cathie Wood

“…Ark Investment Management was founded by seasoned technology investor Cathie Wood, and the firm issued a forecast last year suggesting that Bitcoin could hit $1.5 million per coin by 2030, driven by three primary factors. However, in an interview with CNBC in November, Wood actually revised Ark’s forecast down to $1.2 million, because new innovations like stablecoins are capturing some of the value she initially assigned to Bitcoin.

Nevertheless, that still implies a potential upside of 1,159% from Bitcoin’s recent price of $95,300 per coin. So should investors buy it now?…”

https://finance.yahoo.com/news/1-spectacular-cryptocurrency-could-soar-210500096.html

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