{"id":5377,"date":"2025-11-06T22:19:14","date_gmt":"2025-11-06T22:19:14","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/06\/cathie-wood-lowers-bitcoin-2030-target-to-1-2-million-as-stablecoins-gain-popularity\/"},"modified":"2025-11-06T22:19:14","modified_gmt":"2025-11-06T22:19:14","slug":"cathie-wood-lowers-bitcoin-2030-target-to-1-2-million-as-stablecoins-gain-popularity","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/06\/cathie-wood-lowers-bitcoin-2030-target-to-1-2-million-as-stablecoins-gain-popularity\/","title":{"rendered":"Cathie Wood Lowers Bitcoin 2030 Target To $1.2 Million as Stablecoins Gain Popularity\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Cathie Wood Lowers Bitcoin 2030 Target To $1.2 Million as Stablecoins Gain Popularity\u00a0<\/a><\/p>\n

<\/div>\n

ARK Invest CEO Cathie Wood has adjusted her long-term Bitcoin forecast, citing the rise of stablecoins as a force in the crypto space.<\/p>\n

Speaking on CNBC\u2019s Squawk Box<\/em> Thursday, Wood said<\/a> that stablecoins are increasingly serving as digital dollars for payments and remittances \u2014 functions she previously expected Bitcoin to fulfill.<\/p>\n

\u201cStablecoins are usurping part of the role that we thought Bitcoin would play,\u201d Wood said. \u201cGiven what\u2019s happening with stablecoins, we could take maybe $300,000 off that bullish case.\u201d\u00a0<\/p>\n

The adjustment reduces ARK Invest\u2019s 2030 Bitcoin price target from $1.5 million to $1.2 million, although Wood emphasized that the cryptocurrency\u2019s long-term potential<\/a> as \u201cdigital gold\u201d remains intact.<\/p>\n

Wood noted that this stablecoin trend reflects broader adoption and signals that Bitcoin\u2019s role is evolving more toward a store-of-value function rather than a transactional one.<\/p>\n

\u201cBitcoin is still strengthening its role as a global store of value, but in the payment area stablecoins are becoming a more practical means,\u201d Wood said.\u00a0<\/p>\n

She also touched on Bitcoin\u2019s decentralized network and limited supply as key drivers of its long-term economic momentum.<\/p>\n

Galaxy Digital also drops Bitcoin target<\/h2>\n

Galaxy Digital recently lowered its year-end target<\/a> to $120,000, down from $185,000, citing large-scale selling by whales, rotations into assets like gold and AI, and leveraged liquidations.\u00a0<\/p>\n

Alex Thorn, Galaxy\u2019s head of research, described this period as a \u201cmaturity era,\u201d in which lower volatility and institutional absorption dominate the market.<\/p>\n

Despite the temporary pullbacks, JPMorgan analysts remain bullish<\/a> on Bitcoin, projecting prices could climb to $170,000 over the next six to twelve months as leverage in futures markets resets.\u00a0<\/p>\n

Bitcoin itself has faced a turbulent month. Following an all-time high above $126,000<\/a> in early October, the cryptocurrency has fallen roughly 19%, dipping below $100,000 for the first time in four months amid panic selling and cascading liquidations.\u00a0At the time of writing, Bitcoin is at $101,950. <\/p>\n

While some analysts argue that a decline of 20% or more signals a bear market, others maintain that such corrections remain typical within crypto cycles.<\/p>\n

Despite all this volatility, Wood reaffirmed ARK Invest\u2019s long-term bullish stance. \u201cBitcoin is a technology, a global monetary system, and a new asset class all wrapped in one,\u201d she said. \u201cWe have just started, so we have a long way to go.\u201d\u00a0<\/p>\n

This post Cathie Wood Lowers Bitcoin 2030 Target To $1.2 Million as Stablecoins Gain Popularity\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Cathie Wood Lowers Bitcoin 2030 Target To $1.2 Million as Stablecoins Gain Popularity\u00a0 ARK Invest CEO Cathie Wood has adjusted her long-term Bitcoin forecast, citing the rise of stablecoins as a force in the crypto space. Speaking on CNBC\u2019s Squawk Box Thursday, Wood said that stablecoins are increasingly serving as digital dollars for […]<\/p>\n","protected":false},"author":0,"featured_media":5378,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5377","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5377"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5378"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}