Cathie Wood argues Bitcoin's 85% crash era is over as BTC trades near $67,000

Ark Invest CEO Cathie Wood said in an April 1 CNBC Squawk Box interview that Bitcoin may no longer face the 85%–95% collapses seen in past bear markets as institutions increasingly treat it as a separate asset class. With BTC trading around $67,000 on April 3, she added that even a 50% drawdown in 2026 would be viewed as a "victory" by the Bitcoin community.