Ark Invest Maintains Five-Year Bullish View on Bitcoin, Stablecoins Shift Emerging Market Narrative

Odaily reports that Lorenzo Valente, Director of Digital Asset Research at Ark Invest, stated that despite Bitcoin's lackluster or even declining performance this year, Ark Invest continues to view Bitcoin on a five-year cycle and believes it remains in its early stages. The rise of stablecoins has changed Ark Invest's assessment of the Bitcoin narrative in emerging markets, while the development of tokenized equities and real-world assets is also advancing. Valente also discussed the impact of interest rates, inflation, and AI on Bitcoin's macro outlook, and shared Ark Invest's outlook for Bitcoin over the next 12 to 18 months, the four-year cycle, and its 2030 price target.