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Katie Wood: BTC will be worth $ 1.5 million by 2030

12:48 pm, November 18, 2024

Katie Wood, CEO of ARK Invest, believes that the value of bitcoin BTC $90,717.98 Bitcoin -0.16% Market capitalization $1.79 trillion VOL. 24 hours $2.61 billion could reach $ 650,000 by 2030 even under a conservative scenario for the crypto market. In an optimistic case, the cryptocurrency could exceed $ 1.5 million if most large investment funds integrate BTC into their portfolios. According to Wood, this will significantly increase confidence in the asset and support its growth.

In an interview with CNBC, the expert noted that increased regulatory transparency and the interest of institutional investors are becoming key factors in bitcoin’s growth. Investors have begun to appreciate it more as a unique asset for portfolio diversification, especially after the election victory of the Republicans led by Donald Trump.

Katie Wood also emphasized that a favorable regulatory policy in the United States in 2025 will help cryptocurrency companies avoid unjustified persecution. She added that this year’s growth in bitcoin value is partly due to people’s attempts to protect themselves from the devaluation of national currencies.

The position of bitcoin as an important asset class is strengthening, and Wood believes in its long-term potential, calling the cryptocurrency an effective tool for capital protection in times of political instability.

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BTC

$90,717.98

-0.16%

ETH

$3,089.46

-1.31%

BNB

$617.17

-2.40%

XRP

$1.13

6.91%

SOL

$244.06

4.86%

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