As Bitcoin Hits $100K For The First Time, Ark Invest’s Cathie Wood Calls It ‘A Much Bigger Idea Than Gold’ And That It Is ‘Still Is In Early Innings’
Posted On December 5, 2024
As Bitcoin (CRYPTO: BTC) crossed the $100,000 mark for the first time, Cathie Wood on Thursday said Ark Invest “believes Bitcoin is a much bigger idea than gold!”
What Happened: On X, Wood, a well-known Bitcoin advocate, celebrated the cryptocurrency’s historic rally, which saw it trading at $102,868, a 133.13% increase within the year.
She marked the day as a significant milestone for Bitcoin and digital property rights, expressing her optimism about the approach of incoming SEC Chairman Paul Atkins towards digital assets.
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