Ark Invest: Still optimistic about Bitcoin's long-term prospects

Odaily News Despite the sharp market decline in March, Cathie Wood's investment company Ark Invest remains optimistic about Bitcoin. Ark Invest said in a report that it remains optimistic about the long-term prospects of Bitcoin and believes that policy changes and technological breakthroughs in areas such as artificial intelligence and robotics will re-stimulate spending and increase productivity. Ark Invest also pointed out that deregulation and tax cuts are potential major drivers for Bitcoin's recovery from the current market chaos. (Dlnews)