Cathie Wood Lowers 2030 Bitcoin Forecast to $1.2M as Stablecoins Surge; Trump’s Crypto Policy Boosts Inflows
ARK Invest CEO Cathie Wood has updated her 2030 Bitcoin forecast, cutting the bull-case target from $1.5 million to $1.2 million. She cites faster-than-expected stablecoin adoption in emerging markets, where digital dollars now dominate daily payments and savings. Wood’s revised scenarios include a bull case at $1.2 million, a base case at $600,000 and a bear case at $500,000. Despite the adjustment, she remains confident in Bitcoin’s fundamentals—capped supply, institutional demand and clearer regulation—and labels it the crypto “reserve currency.” Her 2030 Bitcoin forecast remains positive as former President Trump’s crypto-friendly stance has accelerated institutional inflows, reinforcing Bitcoin’s market role.
Neutral
The revision of the Bitcoin forecast from $1.5M to $1.2M could temper short-term trader enthusiasm due to reduced upside expectations. However, Cathie Wood’s reaffirmation of Bitcoin’s core fundamentals—limited supply, institutional adoption and clearer regulation—alongside accelerated inflows driven by Trump’s crypto-friendly policies, supports a stable market outlook. In the short term, the adjusted forecast may lead to some profit-taking and sideways price action, but long-term sentiment remains constructive, given Bitcoin’s role as a reserve currency and sustained institutional interest.