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Bitcoin has experienced a dramatic surge in price since the approval of the Bitcoin ETFs. And the majority of experts believe that this is just the beginning.
With the halving event quickly approaching, Bitcoin is bound to EXPLODE. And here’s why.
In one of her interviews, Cathie Wood notes that Bitcoin’s supply growth rate has been around 1.8% annually for the last four years. However, following Bitcoin’s halving event, this rate will halve to approximately 0.9%, marking the very first time it falls below the supply growth rate of gold.
This means that Bitcoin will undergo a supply shock, becoming scarcer than gold itself.
Make sure to stick around to the end of the video where Cathie Wood also explains how disruptive innovations like Bitcoin and AI have shaped today’s technology.
About Cathie Wood:
Catherine Duddy Wood is an American investor and the founder, CEO and CIO of Ark Invest, an investment management firm.
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“Ethereum To $166,000, Bitcoin To $1.5 Million – Here’s WHY” Cathie Wood Crypto Prediction
“Everyone Is SO WRONG About The Bitcoin Halving…” Cathie Wood 2024 Crypto Prediction
