Cathie Wood: Bitcoin has entered a mature stage, and the era of 85% price crashes is over.
ChainCatcher news, according to Cointelegraph, Ark Invest founder Cathie Wood said in a recent interview that Bitcoin has entered a mature stage, and the deep corrections of 85%–95% commonly seen in the past may now be history. She pointed out that even if a future correction reaches 50%, this would be seen as a "major advancement" within the Bitcoin community. She believes Bitcoin has grown from an emerging technology into a "mature monetary system and asset class".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy CEO Phong Le says MSCI exclusion has little impact, about 3% of stocks are related to the index
EUR/USD: ECB hawks lag Fed – ING
US Dollar: Resilient as Fed stays hawkish – TD Securities
Goldman Sachs: Applied Materials (AMAT.US) Posts Solid Q4 Results, DRAM and Advanced Packaging to Drive Accelerated Growth by 2027
Goldman Sachs maintains its "Buy" rating on Applied Materials but lowers its 12-month target price from $670 to $580.
Crypto prices
More
