Cathie Wood, CEO of ARK Invest, has increased her Bitcoin price forecast to $1.25 million within five years, with a conservative estimate of $750,000. This bullish outlook is driven primarily by growing institutional adoption from pension funds, wealth managers, and corporate treasuries. ARK Invest's report predicts Bitcoin's market cap could grow from $2 trillion to $16 trillion by 2030, supported by factors like ETF adoption and sovereign reserves. Despite current challenges like ETF outflows and geopolitical tensions, Wood remains optimistic about Bitcoin's long-term growth potential.
Bitcoin dropped nearly 2% below $77,000 following escalated US military actions against Iran, disrupting a near-peace deal and increasing geopolitical risks. Institutional investors withdrew $105 million from US spot Bitcoin ETFs, marking a sixth con...
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Oil prices have surged over 75% in 2026 amid escalating Middle East tensions, with West Texas Intermediate and Brent crude rising from around $60 to above $100 per barrel. This surge has flipped the usual positive correlation between oil, Bitcoin, an...
Bitcoin extended its pullback to around $75,649, down 1.23%, amid a 72% surge in 24-hour trading volume to $35.6 billion, indicating active repositioning rather than panic selling. Despite increased volume, daily volatility remained muted, suggesting...
Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...
