Bitcoin and AI will lead the new phase of growth in the U.S., according to Cathie Wood
After a long period of 'prolonged recession', the United States is preparing for a new phase of technology-based economic growth. This is asserted by Ark Invest CEO, Cathie Wood. According to this renowned investor, Bitcoin and artificial intelligence will be the engines of this new era of growth for the North American country.
Bitcoin remains a key piece
As already mentioned, Bitcoin is at the center of Cathie Wood's vision. The entrepreneur sees the largest cryptocurrency as a transformative financial asset, which is why she maintains her bold forecast of $1.5 million per coin.
This extremely bullish prediction by the investor is motivated by multiple factors. Among them, the strength of Bitcoin's underlying technology, blockchain, stands out. Other hugely important factors include the growing institutional participation in products like spot BTC ETFs on the stock market.
