Bitcoin To $2.4 Million? ARK Invest Predicts Massive Surge By 2030
Ark Invest, a fund management company, has sharply raised its price forecasts for Bitcoin, predicting the cryptocurrency may reach $2.4 million at the end of 2030 in its most bullish scenario. The new target, set in an April 24 report by research analyst David Puell, is a massive increase from the firm’s former bull case […]
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Bitcoin is leaving the traditional associations it had with traditional stock markets behind, a latest Citigroup analysis suggests. The virtual currency displayed uncharacteristic stability in latest episodes of financial shock, making experts reconsider incorporating it into investor portfolios. Related Reading: Bitcoin To $2.4 Million? ARK Invest Predicts Massive Surge By 2030 Bitcoin Performs Better Than […]
Cathie Wood, the CEO of asset management firm Ark Invest, has backed Bitcoin (BTC) to achieve a $1.5 million price point by 2030. The American investor and cryptocurrency advocate has based this projection on multiple factors, including rising institutional investment and global recognition of Bitcoin’s ability to serve as a store of value. Related Reading: […]
Ark Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030. “Our research suggests that bitcoin has the potential to transform monetary history by providing financial freedom and empowerment in a fair, global, and distributed way,” Ark’s analyst added.
Bitcoin’s $1 Million Prediction by Ark Invest
In Ark Invest’s “Big Ideas 2022” report published last week, the firm’s analyst Yassine Elmandjra explained that “As bitcoin’s market capitalization....
ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi. A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or even exceed a $20 trillion market cap within the next 10 years, which would equate to a price around $170,000 to $180,000 per ETH.The report also predicted big things for Bitcoin (BTC), saying it is “likely to scale as nation-states adopt (it) as legal tender… the price of one bitcoin could exceed $1 million by....
Long a wild card in the crypto scene, Dogecoin (DOGE) has been riding the waves of excitement, community passion, and even Bitcoin’s price swings. Related Reading: $350K Bitcoin? Crypto Investment Firm CEO Predicts Massive Surge Speculation on the potential price pinnacle of Dogecoin is growing given Bitcoin’s present price hovering at $96,000-97k, and some analysts predicting a whopping $1 million valuation over the next decade. The Course Of Bitcoin Towards $1 Million Several business analysts, including Jack Dorsey and Robert Kiyosaki, have noted Bitcoin’s possible....