1h ago
Cathie Wood says Bitcoin's 85% crash era is over as BTC holds $65K-$66K
With Bitcoin holding the $65,000-$66,000 range, Ark Invest CEO and CIO Cathie Wood said the period of 85%-95% drawdowns tied to a "very new technology" is finished. She argued that broader adoption and rising institutional participation have helped BTC become a "proven technology" and "proven monetary system," even as the market remains in a correction.