Cathie Wood predicts Bitcoin will reach $1 million by 2030 due to growing institutional adoption.

From Nasdaq: 2025-02-22 06:17:00

In 2024, Bitcoin surpassed $100,000 for the first time, with predictions of reaching $1 million by 2030, or even $1.5 million. Institutional adoption is growing, with investors now allocating more capital to Bitcoin. Bitcoin’s integration into the global monetary system, including central banks and corporations holding it, is driving its value. Additionally, Bitcoin’s network fundamentals are improving, with transaction activity and hash rates at all-time highs. Billionaire investors are considering Bitcoin as a safe-haven asset against economic risks. Different scenarios predict Bitcoin’s price could reach $710,000, $300,000, or even $1 million by 2030.

(Source: Nasdaq)



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