Cathie Wood is easily one of the crypto market\u2019s biggest voices, and she\u2019s famous for her head-turning price targets. Most traders will be aware of her forecast for a $1.5 million Bitcoin by 2030.<\/p>\n
So, it was a big surprise when she went on CNBC yesterday and lowered her expectations. For someone who is well-known for being a perma-bull, that\u2019s a huge deal.<\/p>\n
Wood\u2019s new, more conservative stance is contributing to the market\u2019s cautious tone. But that isn\u2019t stopping large-scale investors \u2013 crypto whales \u2013 from starting to reposition.<\/p>\n
And this trend is benefiting projects that aren\u2019t on public exchanges yet. One of them is Best Wallet Token (BEST)<\/a>, a presale token that is reportedly seeing a spike in interest from deep-pocketed investors.<\/p>\n This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.<\/strong><\/em><\/p>\n In her CNBC interview yesterday, the Ark Invest CEO was clear. She remains bullish on Bitcoin for the long term, but is trimming her 2030 forecast. The old target was $1.5 million \u2013 but Wood\u2019s new target is $1.2 million.<\/p>\n Wood explained that this $300,000 adjustment was a direct response to one thing: the growth of stablecoins. Coins like USDT and USDC are now seeing massive, real-world adoption \u2013 especially in emerging markets.<\/p>\n
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\nWhy Cathie Wood Trimmed Her Bitcoin Price Target<\/h2>\n