Cathie Wood’s ARK Invest has resumed buying shares of Coinbase as the price of Bitcoin drops below $50,000. Wood’s decision to invest in the popular cryptocurrency exchange comes at a time when Bitcoin is experiencing a decline in value. The move by ARK Invest signals confidence in the long-term potential of both Coinbase and Bitcoin despite the current market conditions. Wood’s investment strategy is closely watched by investors and analysts alike, making her moves in the market significant. This latest development highlights the ongoing interest in cryptocurrency and the growing adoption of digital assets by institutional investors.