Cathie Wood On Bitcoin: Did She See The 70% Rally Since September Coming?

In an exclusive interview with Benzinga in late August 2023, Cathie Wood highlighted that the Bitcoin BTC/USD market in 2030 would reach around $25 trillion.

Prices and market cap since then have surged 70% each, with the market cap currently at $856.8 billion.

What Happened: Bitcoin in today’s late trade breached the $44,000 mark for a brief period. The price saw a 4.5% rise in today’s trade taking the 30-day gains to 25% while the past year had seen a 159% surge.

In the interview, Wood added she continued being a Bitcoin believer stating it is the first global, government oversight, digital rules-based monetary system the world has ever known.

“If institutions need to move…

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