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

Ark Invest founder Cathie Wood has 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 Bitcoin would play, especially in emerging markets and payment scenarios. However, Cathie Wood remains optimistic about Bitcoin's long-term prospects, believing it will continue to play a central role as institutional adoption increases and the global monetary system transforms.