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Cathie Wood calls Bitcoin the ‘insurance policy’ AI stocks cannot replace


Cathie Wood calls Bitcoin the ‘insurance policy’ AI stocks cannot replace

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ARK Invest CEO Cathie Wood said Bitcoin differs from the AI trade because it protects against sovereign currency risk, offering a hedge tech stocks cannot. She warned that capital outflows from less stable countries will fuel adoption and price support for bitcoin and other digital assets, with clear implications for crypto markets and cross-border capital flows.

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ARK Invest CEO Cathie Wood has stated that Bitcoin stands apart from the artificial intelligence trade because it offers protection against sovereign currency risk, something no tech stock can offer. “Capital outflows from less stable countries around the world will light another fire under bitcoin and other digital assets,” Wood wrote on X on June...
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In This News

Coins

$ 64.12K

-0.33%

$ 0.109

+0.53%

$ 5.34

-6.02%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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