cryptojournalist
Bitcoin reached $100,000 on Dec. 5, an exciting milestone for the cryptocurrency world. But according to ARK Invest CEO Cathie Wood, there’s still a long way to go. In less than 16 years, Bitcoin became a $2 trillion asset—a pace Apple and Amazon couldn’t match in decades.
Wood celebrated the achievement on X, highlighting big wins for crypto. She mentioned Paul Atkins, a pro-crypto figure, being tapped to lead the SEC and Jerome Powell calling Bitcoin “digital gold.”
But Wood thinks Bitcoin’s potential is way bigger than gold. With gold’s market worth $15 trillion, Bitcoin’s $2 trillion value shows room for explosive growth. ARK even predicts Bitcoin will hit $1 million by 2030.
Right now, Bitcoin makes up more than half of the $3.9 trillion crypto market. Experts like Danny Chong credit this success to growing trust from major financial institutions and the introduction of Bitcoin ETFs. He says the $100,000 mark is proof of Bitcoin’s growing acceptance.
