Ark Invest’s Lorenzo Valente: Bitcoin’s 5-Year Forecast – Stablecoin & Gold Impacts
BTC when published $82,491Now $80,568 ▼ −2.33% since it was published
ARK Invest holds its 5-year Bitcoin thesis despite a flat year. Lorenzo Valente breaks down its Big Ideas report, digital gold, and institutional adoption. Bitcoin has been flat to down this year, but ARK Invest isn’t changing its view. Lorenzo Valente, Director of Research for Digital Assets at ARK Invest, explains why the firm looks at Bitcoin on a five-year horizon and still believes it’s very early in the Bitcoin journey. He discusses ARK’s Big Ideas report, Bitcoin’s role as digital gold and permissionless money, and what still keeps institutional money on the sidelines.
First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.
Read the full story at Bitcoin Magazine (opens in a new tab)
