Technology

Bitcoin's price could surge by another $500,000 as institutional investors search for uncorrelated assets, Cathie Wood says


The price of bitcoin could surge to more than $500,000 as institutional investors begin to allocate to the relatively new cryptocurrency space, Ark Invest’s Cathie Wood told CNBC in an interview on Thursday. Wood explained that institutions are always in search of investments that are uncorrelated …

Read more at markets.businessinsider.com

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