Ark Invest CEO Cathie Wood has trimmed her ultra-bullish Bitcoin price prediction, cutting her 2030 target from $1.5 Mn to $1.2 Mn per coin. Her reason is that stablecoins are eating Bitcoin's lunch as the preferred currency for payments and remittances. Speaking with CNBC, Wood said her team had underestimated how quickly dollar-pegged assets would..The post Cathie Wood Lowers Bitcoin Price Prediction Target to New Low, as Stablecoins Eat Its Lunch appeared first on 99Bitcoins.