Ark Invest CEO Cathie Wood has trimmed her ultra-bullish Bitcoin price prediction, cutting her 2030 target from $1.5 Mn to $1.2 Mn per coin. Her reason is that stablecoins are eating Bitcoin’s lunch as the preferred currency for payments and remittances.
Speaking with CNBC, Wood said her team had underestimated how quickly dollar-pegged assets would dominate the crypto economy.
“Stablecoins are usurping part of the role we thought Bitcoin would play,” she said. “They’re serving emerging markets in the way we thought Bitcoin would.”
DISCOVER: 20+ Next Crypto to Explode in 2025
Is Bitcoin Valued Too High? Stablecoins Surge as Bitcoin Slows
According to DeFi Llama, stablecoin market capitalization has grown over 40% in 2025, reaching $305 Bn, while Bitcoin’s dominance has slipped to 48%, its lowest level since early 2024.
CoinGecko data shows
.cwp-coin-chart svg path {
stroke-width: 0.65 !important;
}
.cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) {
stroke: #008868 !important;
}
.cwp-coin-widget-container .cwp-coin-trend.positive {
color: #008868 !important;
background-color: transparent !important;
}
.cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive {
border: 1px solid #008868;
border-radius: 3px;
}
.cwp-coin-widget-container .cwp-coin-trend.positive::before {
border-bottom: 4px solid #008868 !important;
}
.cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend {
background-color: transparent !important;
}
.cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) {
stroke: #A90C0C !important;
}
.cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative {
border: 1px solid #A90C0C;
border-radius: 3px;
}
.cwp-coin-widget-container .cwp-coin-trend.negative {
color: #A90C0C !important;
background-color: transparent !important;
}
.cwp-coin-widget-container .cwp-coin-trend.negative::before {
border-top: 4px solid #A90C0C !important;
}
Bitcoin
1.40%
Bitcoin
BTC
Price
$101,930.85
1.40% /24h
Volume in 24h
$41.24B
<!–
?
–>
Price 7d
// Make SVG responsive
jQuery(document).ready(function($) {
var svg = $(‘.cwp-graph-container svg’).last();
if (svg.length) {
var originalWidth = svg.attr(‘width’) || ‘160’;
var originalHeight = svg.attr(‘height’) || ’40’;
if (!svg.attr(‘viewBox’)) {
svg.attr(‘viewBox’, ‘0 0 ‘ + originalWidth + ‘ ‘ + originalHeight);
}
svg.removeAttr(‘width’).removeAttr(‘height’);
svg.css({‘width’: ‘100%’, ‘height’: ‘100%’});
svg.attr(‘preserveAspectRatio’, ‘xMidYMid meet’);
}
});
Learn more
trading near $100,775, down nearly 19% from October’s record high of $126,080.
JUST IN:
Cathie Wood says Ark Invest is trimming its bullish #Bitcoin forecast by $300K, citing stablecoins’ rapid growth in emerging markets, bringing the new top target to $1.2M by 2030. pic.twitter.com/rln31NwhR1
— Bitcoin.com News (@BTCTN) November 6, 2025
In parts of Latin America, stablecoins have become survival tools that are much more reliable than Bitcoin. In Venezuela and Argentina, where inflation eats wages by the hour, USDT and USDC have become more ubiquitous than Messi jerseys – and that’s saying something!
Chainalysis data shows the region leading global adoption, pushing more than $180 billion in stablecoin transactions last year alone.
DISCOVER: Top 20 Crypto to Buy in 2025
The Maturity Era of Bitcoin: Will The Gains Be Much Smaller?
Institutional research firm Galaxy also cut its year-end target for Bitcoin from $185,000 to $120,000, describing the current cycle as a “maturity era” characterized by lower volatility and passive institutional flows.
Despite the cut, Wood remains bullish.
“I think the whole crypto space gets bigger,” she said. “Bitcoin will still capture half the gold market but stablecoins are the real disruptors.”
Her recalibration reflects a broader market shift that while BTC is maturing into digital gold, its gains are going to be much more stable.
EXPLORE: Is It All Over For the Bull Run? Rates Cuts Sink Crypto Markets
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
- Ark Invest CEO Cathie Wood has trimmed her ultra-bullish Bitcoin price prediction, cutting her 2030 target from $1.5 Mn to $1.2 Mn per coin.
- “I think the whole crypto space gets bigger,” she said. “Bitcoin will still capture half the gold market.
The post Cathie Wood Lowers Bitcoin Price Prediction Target to New Low, as Stablecoins Eat Its Lunch appeared first on 99Bitcoins.
