Cathie Wood Says Gold Is Going Down While Bitcoin Marches on

Ark Invest CEO Cathie Wood said this week that gold is headed lower while bitcoin keeps gaining on the metal, even as BTC has trailed gold since last week's U.S. midterm elections. Her case rests on a statistical argument rather than a specific price target, and she framed the call bluntly as "gold is going down." The remark matters because Wood is one of the highest-profile institutional voices tying bitcoin's long-term upside to a rotation out of traditional safe-haven assets. Watch whether BTC can close its post-election gap with gold, and whether Wood's statistical case shows up in flows between the two assets.