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Cathie Wood has lowered her Bitcoin price prediction for 2030 from $1.5 million to $1.2 million.

On November 6, Ark Invest founder Cathie Wood lowered her price prediction for Bitcoin by 2030 from $1.5 million to $1.2 million, citing the rapid rise of stablecoins. Cathie Wood stated that stablecoins are taking on the role she originally believed would be played by Bitcoin, especially in emerging markets and payment scenarios. However, Cathie Wood remains optimistic about the long-term prospects of Bitcoin, believing it will continue to play a central role in increasing institutional adoption and the transformation of the global monetary system.

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