Cathie Wood: Bitcoin price expected to reach $1.50 million by 2030

Bitcoin has been trading below the key $100,000 level since February 4 as fears of a global trade war weighed on investor sentiment following the announcement of new import tariffs by the US and China. Despite the temporary downturn in the market, according to Cathie Wood, CEO and Chief Investment Officer of ARK Invest, the odds of Bitcoin breaking through $1.50 million per coin have increased.