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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Rakin343 on February 02, 2021, 01:00:25 PM

Title: Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Comp
Post by: Rakin343 on February 02, 2021, 01:00:25 PM

According to the findings of a study by Ark Investment Management (AIM), the value of bitcoin can potentially increase by $40,000 if all S&P 500 companies allocate 1% of their cash holdings to the crypto. Similarly, if all these companies were to convert 10% of cash holdings into bitcoin, the value of the crypto asset will potentially rise to $400,000. more info (https://cryptonews.net/460551/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)