Ark Invest CEO Cathie Wood predicts that Bitcoin (BTC) price will surpass $1 million by 2030, which has sparked speculation about what this will mean for altcoins such as Ripple’s XRP in the next five years. If the value of 1 BTC skyrockets to $1 million, what will the XRP price be by 2030? Let’s explore. ARK Invest’s Cathie Wood Forecasts $1M BTC Price While speaking in an interview with CNBC, Cathie Wood shared a bullish forecast for Bitcoin. She noted that by 2030, BTC could rally to as high as $1.5 million. She opined, “We have always had the 2030 target. The base case is in the $700,000 to $750,000 range, the bull case in the $1.5 million range.” Wood opined that such a rally will be driven by Bitcoin taking up gold’s market share, institutional adoption, and a growing use case in the emerging market. This is similar… Read More at Coingape.com
The post How Much Will 1 XRP Price Be Worth if Bitcoin Hits $1M as Predicted by ARK Invest CEO appeared first on CoinGape.
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