seen in 2022 crypto- winter has not been just a winter for cryptocurrencies, it has been a winter for everything.
For cryptocurrency Along with the stock market, there was also a decrease in the stock market.
In this context, the largest cryptocurrency exchange in the USA, Shares of Coinbase (COIN) also experienced a significant decline.
The giant investment company that turned this fall into an opportunity Ark Investcontinues to buy Coinbase shares.
Made a purchase recently Bitcoin (BTC) supporter Cathie Wood’un Ark Invest once again COIN made the purchase.
to your portfolio $3.2 million shares of Coinbase Adding more, Ark Invest, despite the decreases experienced BTC and continues his bullish belief in crypto as well as Coinbase.
Commenting on Cathie Wood’s purchase of Coinbase stock, experts said that these purchases mean that Wood has come to an end in the declines in the crypto money sector and has seen bullish signs.
Currently in the technology-focused ARK Innovation ETF (ARKK) with the recent acquisition of the investment company 5.8 million COINs worth $228 million owns the shares.
While COIN has fallen by about 84% since January 2022, bitcoin It outperformed Coinbase stock, down 61%.
In addition, as it will be remembered, despite a hard bear market in the crypto money industry, Cathie Wood continues her rise in BTC.
Because Wood states in his statements that his goal of 1 million dollars for Bitcoin is still valid.
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