ARK Invest CEO Cathie Wood publicly challenged venture capitalist Jason Calacanis this week after he labeled Bitcoin as a fading technology and dismissed the recent BTC price rally as a “dead cat bounce.” On X, Wood responded directly to Calacanis, stating that “Bitcoin is not a dead cat, Jason! It has many lives ahead.” Her remarks followed Calacanis’s argument that Bitcoin’s recent recovery above $80,000 was ultimately meaningless, citing what he believes to be a long-term loss of momentum for the digital asset.