Bitcoin ‘still in early innings’ at $100K —ARK’s Cathie Wood

Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value.

Bitcoin has recorded a historic milestone by smashing the $100,000 price mark on Dec. 5, but the cryptocurrency is still in the “early innings,” according to the ARK Invest CEO.

Cathie Wood, founder and CEO of the crypto-friendly investment firm ARK, said that the future of Bitcoin (BTC) is bright even after BTC broke through $100,000.

Wood took to X on Dec. 5 to congratulate the industry on Donald Trump nominating pro-crypto Paul Atkins to replace Gary Gensler as the new chief of the United States Securities and Exchange Commission.

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