Cathie Wood-led Ark Invest in its latest report titled “Big Ideas 2024” said within the US banking sector early in 2023, Bitcoin (CRYPTO: BTC) has proven itself more than just a digital asset, it has become a bastion of stability. What Happened: The report said that as regional banks faced collapse, Bitcoin’s value soared by over 40%, reaffirming its status as a hedge against counterparty risk. Ark Invest identifies the Bitcoin halving event as a significant potential catalyst for Bitcoin in the year 2024. “Historically, each halving event has coincided with the beginnings of a bull market. Ex…

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