Posted 1/18/2024, 10:45:17 PM
Cathie Wood Predicts $1 Million Bitcoin as Top Crypto Takes On Gold
- Cathie Wood believes Bitcoin could be worth $1 million per coin in the future as it takes market share from gold
- She sees Bitcoin playing a key role as an alternative currency and inflation hedge, especially in emerging markets
- Bitcoin's scarcity, security, and growing institutional adoption reinforce its value and potential, according to Wood
- Wood is very bullish on artificial intelligence and its ability to drive innovation and productivity gains
- She recommends stocks like Coinbase, Tesla, Roku, UiPath, Zoom, Block, CRISPR, Roblox, Twilio, and Unity as top investments