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Bitcoin Rebounds 30% From $60K Lows, ARK Projects $16 Trillion Market Value by 2030

GateNews
bitcoin newsStocks
BTC-0.11%
ETH0.54%
SOL0.03%

According to ARK Invest report, Bitcoin rebounded approximately 30% from recent $60,000 lows on May 5, driving renewed expectations for a new “super cycle.” The firm projects Bitcoin’s market value will grow at a compound annual rate of about 63% over the next five years, rising from the current $2 trillion to $16 trillion by 2030, representing roughly 70% of the total crypto market. ARK also predicts the overall crypto market could reach $28 trillion by 2030, with smart contract networks including Ethereum and Solana capturing the remaining share.

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