Ark Invest’s Cathie Wood lowered her Bitcoin forecast to $1.2 million per coin by 2030, attributing the adjustment to stablecoins’ rapid expansion in payments and savings.
By Vini Barbosa
Editor Marco T. Lanz
Updated
2 mins read
Cathie Wood, CEO of Ark Invest, has reduced her bullish price forecast on Bitcoin BTC $101 638 24h volatility: 2.5% Market cap: $2.03 T Vol. 24h: $62.01 B from $1.5 million to $1.2 million per coin. The five-year price prediction change has sparked commentaries on X, with some people questioning its relevance considering it is a 20% reduction for a more than 1,000% increase forecast.
Ark’s CEO adjusted her forecast during a live show at CNBC’s “Squawk Box” on November 6, making the case that stablecoins have overtaken part of the role she once expected Bitcoin to play, scaling faster than expected. Moreover, Cathie Wood mentioned the growth of stablecoin’s appeal in developing countries, particularly across emerging markets, serving as digital dollars for payments and savings.
“Given what’s happening to stablecoins,” she said, “we could take maybe $300,000 off of that bullish case,” referencing the $1.5 million target in Ark Invest’s 2030 bull case for Bitcoin published in ARK’s Big Ideas 2025 report in February 2025.
With Bitcoin currently trading slightly above the $100,000 mark, Ark’s bull case projects a 1,100% growth, up to $1.2 million per BTC in five years—or a 220% surge per year. For comparison, Bitcoin is up 630% since its opening price on November 1, 2020, trading at $13,800 per coin.
Bitcoin (BTC) five-year price chart, as of November 6, 2025 | Source: TradingView
Notably, the stablecoin market cap is currently at an all-time high above $306 billion, registering exponential growth in the past five years. On November 2, 2020, the market cap of this token class was at $21 billion, per DefiLlama data—representing a 1,350% growth in the same period as BTC’s 630%. Outperforming Bitcoin by 2.14 times.
Total value locked and stablecoin market cap chart, as of November 6, 2025 | Source: DefiLlama
Many companies and institutions have started to look at the stablecoin use case with more optimism and a sense of opportunity lately. Big names have started making moves into this demand, as Coinspeaker reported earlier this year. In September, Google launched an AI payments platform with stablecoin support, in partnership with Coinbase and over 60 major organizations. Meanwhile, Cloudflare unveiled NET Dollar, a USD-backed stablecoin designed for AI agents to conduct automated transactions.
Nevertheless, Wood continues to see Bitcoin as the “digital gold” and a solid asset to hedge against fiat currencies, which dollar-pegged stablecoins are limited at.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Vini Barbosa has covered the crypto industry professionally since 2020, summing up to over 10,000 hours of research, writing, and editing related content for media outlets and key industry players. Vini is an active commentator and a heavy user of the technology, truly believing in its revolutionary potential. Topics of interest include blockchain, open-source software, decentralized finance, and real-world utility.
