See every side of every news story
Published loading...Updated

ARK's Bitcoin 'Bear Case' Is $300,000 By 2030—What's The Bull Case?

  • ARK Invest analyst David Puell raised the firm's Bitcoin price targets in an April 24 report.
  • ARK modeled these new projections based on Bitcoin's total addressable market and penetration rate assumptions.
  • The updated targets predict Bitcoin could reach $2.4 million, $1.2 million, or $500,000 by the end of 2030.
  • Institutional investment "contributes the most to our bull case," stated the analyst.
  • This revision signals ARK Invest's increased confidence and potential strong institutional interest in Bitcoin's future.
Insights by Ground AI
Does this summary seem wrong?

13 Articles

All
Left
Center
1
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

CryptoPanic broke the news in on Thursday, April 24, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.