Cathie Wood, CEO of Ark Invest, believes that the era of heart-stopping Bitcoin (BTC) price crashes is officially over as institutional investors increasingly adopt it as a distinct asset class. In an April 1 CNBC Squawk Box interview, Cathie stated that a potential 50% drawdown for Bitcoin in 2026 would be considered a real victory in its community. Furthermore, BTC price has historically recorded drawdowns of 85% or more from its peaks during prior major bear markets. “The 85-95% collapses associated with a very new technology — that’s done