ARK Invest updates their 2030 Bitcoin price prediction to $2.4 million

ARK Invest’s 2030 Bitcoin price prediction of $2.4 million in the bull case reflects a 40% increase from their January estimate, driven by expected institutional adoption and Bitcoin’s role as “digital gold,” with a projected CAGR of 53% based on their Big Ideas 2025 report.

The chart in the post breaks down Bitcoin’s price targets into bear ($500,000), base ($1.2 million), and bull ($2.4 million) cases, factoring in active supply adjustments and penetration rates across institutional, nation-state, corporate, and emerging market sectors.

This optimistic forecast contrasts with ARK’s earlier 2030 projections of $300,000 (bear), $710,000 (base), and $1.5 million (bull), highlighting a shift in market dynamics, possibly influenced by recent Bitcoin ETF launches and growing DeFi activity in regions like Sub-Saharan Africa and Latin America, as noted in Chainalysis’ 2024 Global Crypto Adoption Index.

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