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Benzinga
Benzinga
Business
Navdeep Yadav

As Bitcoin Hits $100K For The First Time, Ark Invest's Cathie Wood Calls It 'A Much Bigger Idea Than Gold' And That It Is 'Still Is In Early Innings'

As Bitcoin (CRYPTO: BTC) crossed the $100,000 mark for the first time, Cathie Wood on Thursday said Ark Invest “believes Bitcoin is a much bigger idea than gold!”

What Happened: On X, Wood, a well-known Bitcoin advocate, celebrated the cryptocurrency’s historic rally, which saw it trading at $102,868, a 133.13% increase within the year.

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