Cathie Wood Adjusts Bitcoin Forecast, Sees Stablecoins as Global Monetary System
Update: 2025-11-06
Description
Cathie Wood of Ark Invest adjusts her Bitcoin forecast, acknowledging stablecoins role in emerging markets. Despite Bitcoins recent dip, Wood remains optimistic, citing institutional adoption. She highlights stablecoins rapid growth and institutions focus on new payment systems, indicating a significant shift in the digital asset landscape. Wood emphasizes Bitcoins potential as a global monetary system and a technology, suggesting widespread adoption is still on the horizon.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
