Photo by Kanchanara on Unsplash
Many people who invest in cryptocurrency ask; how much will Bitcoin be in the next five years? Will it rise above $100K or remain as it is now? Ark Invest CEO Cathie Wood seems to have an answer to that question. During the SALT Conference, she predicted that the price of a bitcoin would reach as high as $500,000 in the next five years. However, she also said that her firm now has more confidence in Ethereum than ever, which has increased in value by 350% in 2021.