
Ark Invest Raises Bitcoin's 2030 Target Price to $2.4 Million, Estimating a Compound Annual Growth Rate of 72%
Ark Invest Raises Bitcoin's 2030 Target Price to $2.4 Million, Estimating a Compound Annual Growth Rate of 72%
ARK Invest Raises Bitcoin Price Forecast
Global renowned innovation investment firm ARK Invest recently released its latest report, significantly raising its long-term price forecast for Bitcoin (BTC). The new price target for the end of 2030 has been revised upward to $2.4 million per coin, with an estimated compound annual growth rate (CAGR) of 72% from the end of 2023 to the end of 2030. This latest valuation is 60% higher than the forecast ARK published in January 2024, indicating a further warming of the firm’s optimistic view on Bitcoin’s potential.
The People’s Bank of China Significantly Increases Liquidity Injection: Does This Help Propel Bitcoin’s Continued Rise?
According to Bloomberg reports The People's Bank of China announced today that it will …