Cathie Wood Just Delivered Fantastic News for Bitcoin Investors

Bitcoin (CRYPTO: BTC) is on a roll right now. The largest cryptocurrency has gained 25% from the end of October to November 18. It has more than doubled in 2024 with a 114% year-to-date gain. Trading at $91,000 per digital coin today, Bitcoin is resting near an all-time high with a total market value of $1.8 trillion.And the gains won't stop there -- at least not according to acclaimed growth investor Cathie Wood. She doubled down on Bitcoin's long-term value creation in a recent interview, even raising her price targets a bit.Speaking to CNBC host Andrew Ross Sorkin in last Friday's Squawk Box show, Wood clarified her Bitcoin views. She had laid out a $500,000 price target in earlier appearances, but she and her fund managers have a more positive outlook now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool