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ARK Invest CEO Cathie Wood Says Bitcoin’s Era of 85-95% Bear Market Crashes Is Over as Asset Matures
📰 sources⭐ 5.0
TL;DR:
The CEO of ARK Invest, Cathie Wood, has stated that Bitcoin is now a proven asset and it won’t face an 85% price correction from its new All-time High (ATH) during this bear market. She gave these comments during a recent Squawk Box interview with CNBC.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.