ARK Invest predicts BTC to rise above $1 million by 2030
In this, the market capitalization of the asset can reach $28,5 trillion
26.01.2022 - 14:15
554
1 min
0
What’s new? The analysts at Cathie Wood’s investment firm ARK Invest have published a prediction, giving their guidelines on the price dynamics of cryptocurrencies. The experts believe that by 2030, BTC quotes can reach $1,36 million and the asset’s market capitalization of $28,5 trillion. At the same time, Ethereum’s capitalization may rise to $22,5 trillion.
Link to the ARC Invest analysts’ report
How did the experts explain their opinion? The fund experts’ prediction is based on an October 2021 report by the securities trading group SIFMA. It states that the market value of BTC and other cryptocurrencies will grow in parallel with the capitalization of the US stock exchanges.
In addition, as explained by ARK Invest, the predictions for digital currencies are based on expectations of their speedy legalization in various countries around the world.
Useful material?
Telegram 
Twitter Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024
Crypto regulations
Stablecoins from issuer Circle will not be affected by the changes
Dec 12, 2024
Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Market
The $1,1 billion figure was reached after the bitcoin correction
Dec 6, 2024
Crypto regulations
By early January, all open positions and loans of local users will be closed and repaid automatically
Dec 5, 2024
Trends
According to the fund’s analysts, stablecoins with a peg to the US dollar will gain popularity as the main means of settlement
Dec 5, 2024
Cryptocurrency rates
-
Bitcoin
$100 736
BTC
-0.77%
-
Ethereum
$3 935.17
ETH
-0.84%
-
Ripple
$2.45
XRP
+1.02%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.409266
DOGE
-1.31%
-
Cardano
$1.11
ADA
-2.3%
-
Polkadot
$9.07
DOT
-1.7%
-
Stellar XLM
$0.445834
XLM
+2.68%
-
Bitcoin Cash
$535.92
BCH
-2.93%
-
Litecoin
$121.15
LTC
-0.21%