According to Odaily Planet Daily, Cathie Wood, founder of Ark Invest, discussed the fate of Tesla CEO Elon Musk's $1 trillion compensation package and the recent decline in Bitcoin prices during an interview on CNBC's "Squawk Box." In the interview, she adjusted her price forecast for Bitcoin, stating that she has reduced her bullish expectations for Bitcoin due to the potential for stablecoins to seize some market share. She now predicts that the price of Bitcoin will drop from $1.5 million to $1.2 million by 2030. Previously, she had been one of the leading bullish forecasters for Bitcoin in the industry.