Cathie Wood's New Bitcoin Target: 'Only' $1.2 Million By 2030—And Stablecoins Are To 'Blame'

Ark Invest has adjusted its long-term bullish outlook on Bitcoin (CRYPTO: BTC) from $1. 5 million by 2030 down to $1. 2 million, citing the rapid rise of stablecoins as a factor for its downward revision. source: https://www.benzinga.com/crypto/cryptocurrency/25/11/48698794/cathie-woods-new-bitcoin-target-only-1-2-million-by-2030-and-stablecoins-are-to-blame?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site