According to Odaily Planet Daily, ARK Invest founder and CEO Cathie Wood, in an interview with CNBC, has lowered her 2030 price forecast for Bitcoin from $1.5 million to $1.2 million. She explained that the rapid adoption of stablecoins in developing economies is changing the landscape of digital asset usage. Wood believes stablecoins are taking on some of the roles she previously thought Bitcoin would play. Despite the lowered forecast, she remains convinced of Bitcoin's central role as a global decentralized currency network and digital store of value, distinguishing it from stablecoins, which primarily function as "tokenized cash." (TheCryptoBasic)