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Cathie Wood Confirms $1 Million Bitcoin Price Target Despite Market Volatility
Yahoo Finance·2025-11-09 04:37

Cathie Wood, CEO of ARK Invest, remains confident in Bitcoin‘s (CRYPTO: BTC) future, even in the face of market volatility. During a podcast, Wood reaffirmed her 1millionpricetargetforthecryptocurrency.Sheattributedthisconfidencetotheongoinggrowthofstablecoins,whichrecentlysurpassed1 million price target for the cryptocurrency. She attributed this confidence to the ongoing growth of stablecoins, which recently surpassed 300 billion in total market value. This surge in stablecoins, she explained, signifies a pivotal moment for the digital asset market, despite the potential for short-term fluctuations in Bitcoin's price. ...