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Bitcoin Could Be Worth A Million Dollars Per Coin By 2030, According to ARK Invest

Ark Invest is out with a new report that makes the bold prediction that the price of bitcoin could skyrocket to more than $1 million per coin by 2030.

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There are many reasons to believe that the bitcoin price will continue to rise over the coming decades. And it’s not just because of bitcoin’s limited supply. In fact, with a total supply of nearly 21 million bitcoins, more than 17 million coins have already been mined according to CoinDesk’s bitcoin Price Index (BPI).

bitcoin is a cryptocurrency that has been racking up headlines as of late thanks to wild price swings. What was once trading at less than $20,000 per coin at the end of the year 2020 is now worth $38,000. That’s an impressive rise for anyone who bought in early, but Ark Invest thinks the rise could be even bigger. According to the organization’s CEO, Catherine Wood, there is a chance bitcoin could be worth $1 million per coin by 2030.

Conclusion: Nobody knows what the future will bring, but it’s always good to plan for all possibilities. bitcoin is still in its early innings and has a lot of room to grow. If you think ARK Invest’s predictions are too conservative, there are a number of other organizations that have been making more aggressive price targets. A $1 million per coin prediction by 2030 might not be as far-fetched as some might think.

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