ARK Invest Keeps Bitcoin (BTC) Outlook Intact as Stablecoins Gain Ground

ARK Invest kept its long-term Bitcoin (BTC) outlook broadly intact while revising how the cryptocurrency could gain adoption as stablecoins expand in emerging markets. The firm’s 2030 forecast calls for the digital-asset market to reach approximately $28 trillion, growing at an annualized rate of about 61%. Bitcoin is projected to account for roughly 70% of that market, with its market capitalization rising from nearly $2 trillion to approximately $16 trillion. That estimate broadly corresponds to an approximate $1 million Bitcoin price, but the forecast does not state a single price target.

Source: TokenPost