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Cathie Wood Says Gold's Rise Is Positive for Bitcoin

Original: Major Bull Cathie Wood Weighs In on Bitcoin and Gold – “Positive for BTC”

Investor Cathie Wood, founder of ARK Invest and a well-known Bitcoin supporter, has commented on the relationship between Bitcoin and gold, calling the situation "positive for BTC." She suggested that momentum around gold is favorable for the cryptocurrency, reinforcing her long-standing bullish outlook on digital assets.

Why now: Her comments come as interest in both gold and Bitcoin as alternative assets is running high.

Cathie WoodARK InvestBitcoingold

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