�Even I Am Surprised By This With Bitcoin and Ethereum� | Cathie Wood
1 year ago
Ethereum
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At the time of writing, Bitcoin is trading for $17,272.53, up 4.9% in the past week, while Ethereum is up 8% in the past week, trading for $1,291.46. The Bitcoin price has been stable despite once again going through tumultuous times. In her monthly �In The Know� update, CEO and CIO of Ark Invest, Cathie Wood, gave her thoughts on the Bitcoin price action and how she is very impressed with its stability. Cathie has been consistent with her bullish outlook on Bitcoin, calling for the flagship cryptocurrency to be valued at $1M per coin in the future, but even she believed the FTX collapse would take Bitcoin down to $10-12k, which is the level that many pundits have been calling for. While it�s still not out of possibility that Bitcoin can drop to that level, Cathie gave sound reasoning as to why she believes the probability of Bitcoin dipping to 10k has significantly reduced.
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� To watch the full interview:
https://www.youtube.com/watch?v=i4mCREzVah8
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