Falling inflation and a Fed pivot will create explosive growth opportunities for crypto and innovative tech in 2023, according to Ark Invest's Cathie Wood and Brett Winton.
The chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots.on Jan. 23, Ark Invest CEO and CIO, Cathie Wood, started with a glance at the macroeconomic outlook. She said there was all kind of signals pointing to lower inflation which “suggests that the Fed should pivot soon.”
Ark has a crypto asset fund, blockchain venture investments, a disruptive innovation fund, and six active technology and fintech-based exchange-traded funds ., noting that advances would accelerate in 2023. He also predicted that crypto assets would see a big turnaround this year.
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