[Cathie Wood Lowers Bitcoin's 2030 Price Prediction from $1.5 Million to $1.2 Million] BlockBeats News, November 6, Ark Invest founder Cathie Wood has lowered her highest price prediction for Bitcoin by 2030 from $1.5 million to $1.2 million, citing the rapid rise of stablecoins. Cathie Wood stated that stablecoins are taking on the role she originally believed Bitcoin would play, especially in emerging markets and payment scenarios. However, Cathie Wood remains optimistic about Bitcoin's long-term prospects, believing it will continue to play a central role in increased institutional adoption and the transformation of the global monetary system.