Workflow
Ark's Cathie Wood trims her bitcoin bull case
CNBC Televisionยท2025-11-06 18:20

on Bitcoin moving lower again today, pulling back about two and a half%. Arin Invest Kathy Wood telling CNBC earlier today she's trimming her long-term Bitcoin forecast. Take a listen.>> Stable coins are usurping part of the role that we thought uh Bitcoin would play. So, our bullish forecast out there is 1.5% million uh by 2030. uh given what's happening to stable coins uh which are serving emerging markets in a way that we thought Bitcoin would um uh I I think we could take maybe $300,000 off of that bull ...