Bitcoin Bullish Run Is Not Over, Ark Invest CEO Says We Are Only “Halfway Through”

Quick Summary:

Bitcoin (BTC) continues to face downward pressure following major negative developments surrounding the digital asset, which has led to speculations about whether BTC’s bull run has reached its climax.

Her prognosis points to a range of factors such as heightened institutional adoption, and macroeconomic trends that could impact BTC’s price positively.

As a result, Cathie Wood, a popular advocate for cryptocurrencies and Chief Executive Officer (CEO) of Ark Invest has delved into the discussion offering her insights on the subject.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: Merrill Lynch BTCUSDT Peter Diamonds ARK Invest Btcusd Bitcoin News UBS Morgan Stanley Bank of America Gold Btc Bitcoin Spot Exchange-Traded Funds ETFs Wells Fargo Bitcoin Cathie wood

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 16:00:49 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21566763

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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