According to PANews, ARK Invest CEO Cathie Wood has expressed optimism about Bitcoin's future, suggesting that institutional adoption could prevent significant price declines. In a recent interview on 'Mornings with Maria,' Wood stated that Bitcoin's role as a risk asset might disrupt its historical four-year boom-and-bust cycle, which previously saw price drops of 75% to 90%. She noted that Bitcoin's volatility is decreasing, with current declines around 30%. Despite Bitcoin's past role as a safe-haven asset during crises like the European sovereign debt crisis and the U
source: https://www.binance.com/en/square/post/33504888324721?utm_source=BinanceNewsRSS