BlockBeats News: On February 3, Cathie Wood, CEO of asset investment management firm ARK Invest, recently stated in the podcast "The Rundown" that the current price of gold relative to the M2 money supply has reached a historic high, even surpassing levels seen during the high inflation of the 1970s or the Great Depression of the 1930s (which were marked by extreme monetary collapses or hyperinflation).But now the macro environment is the opposite.Money supply expansion, no economic collapse, and ample liquidity → gold "prices in the worst-case scenario/fear," and is in a phase of "irrational exuberance," making a pullback likely. However, Bitcoin is different; it is still in its early, emerging stage. "If I were an aggressive investor, I would choose to shift from gold to Bitcoin now."
In addition, Cathie Wood once again emphasized that the optimistic price target for Bitcoin by 2030 is $1.5 million.