ARK Invest analyst: If Bitcoin's share in the global investment portfolio reaches 1%, its price will rise to $120,000

ARK Invest analysts said that if Bitcoin's share in global portfolios increases to 1%, its price will rise to $120,000. The optimal percentage is 19.4%, which is equivalent to $2.3 million. ARK Invest estimates the value of global portfolios at $250 trillion, and the 19.4% figure is derived from optimizing risk-adjusted return parameters for 2023. Other components of the portfolio include gold (40.7%), stocks (30.2%), and commodities (9.6%).