Crypto To Work in the Long Run- CEO of ARK Invest management (Cathie Wood)
— Market ’, Company ’, Another stress signal, Bitcoin monthly, Crypto world right, Creditors, Positive, Including, Ceo, Affect — 1 min read
CEO of ARK Invest Cathie Wood said that he is feeling a lot better about what’s happening in the crypto world right now. The company holds a stake in 130 big companies like Zoom, TeslaINC, and many others. For the last six months, the crypto market has been facing a severe downtrend and is expected to show more movement in the upcoming 12 months. It is believed that many countries, including the United States and Ukraine, are facing economic recision and will continue this trend in the coming months. The CEO of the company said that we’re waiting for a few more capitulation signals and, of course, time will tell on the systemic side here. We haven’t heard of another stress signal in the last few days Source