ETF issuer Ark Invest’s CEO Cathie Wood pointed out $1.5 million in Bitcoin (BTC).
Speaking at a Bitcoin investment conference in New York, Ark Invest CEO Cathie Wood stood out with her remarks about Bitcoin.
Describing Bitcoin as a “financial superhighway,” the CEO highlighted the important use cases of this technological product in emerging markets.
Wood stated that Bitcoin holds an unprecedented important position as it serves as a store of value and provides a blockchain infrastructure, pointing to a price target of $1.5 million.
Highlighting the obvious signs of major troubles in the macroeconomic structure, the experienced figure emphasized that Bitcoin is one of the most reliable havens within the financial system:
Bitcoin has a long way to go. It’s one of the safest, most reliable havens in the financial system. Investors are starting to realize this. As the dollar depreciates, reaching $1.5 million for Bitcoin is not out of the question.
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