Cathie Wood, CEO of the Ark Invest fund, recently highlighted the unique nature of Bitcoin as an independent asset that is not influenced by central banks.
She believes that this makes BTC a valuable means of protecting investor capital in times of increasing inflation and global financial uncertainty, similar to gold but more convenient to use.
Wood also predicts that BTC could reach a value of $1 million by 2030, citing its 40% growth during the US banking crisis last year.
This growth was driven by both retail and corporate investors seeking to protect their savings from potential inflation.
However, Wood also reminded investors that Bitcoin is a volatile asset, with prices fluctuating significantly compared to traditional assets. This should be considered when making investment decisions, she emphasized.
