Cathie Wood Reiterates Bitcoin Will Act As Safe Haven Asset In Ongoing Bank Crisis

ARK Invest CEO, Cathie Wood, has made fresh proclamations that Bitcoin price could see significant price gains amid the ongoing financial crisis that has caused a loss of trust in traditional banks. In a video posted on ARK Invest’s official YouTube account, Wood reviewed the current situation facing banks in the US and Europe, reiterating her belief that this will attract more investors to the Bitcoin market. She believes that investors will be motivated by the properties of the digital currency as a store of value.