
BlockBeats News, February 1st, Cathie Wood, CEO of asset management company ARK Invest, responded to investors’ “confusion about investment direction after the gold pullback,” stating, “Contrary to the current mainstream view, (I believe) Bitcoin, Ethereum, Solana, and ultra-liquidity assets may be good diversification options. Since early 2020, the correlation between Bitcoin’s price and gold price has been very low, only 0.14. In the past two Bitcoin bull markets, gold has led Bitcoin’s rise.”



