Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says
The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin.
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Bitcoin has seen a strong rally over the past few months on institutional interest in the cryptocurrency. The coin currently trades just shy of all-time highs at $19,500. BTC is expected to move even higher as adoption continues to swell. Paul Tudor Jones once again supported Bitcoin publicly with a recent Yahoo Finance interview. He said that he thinks BTC’s market cap is undervalued, relative to other asset classes. Bitcoin Once Again Backed by Paul […]
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge against inflation in an interview with CNBC Wednesday. He said: Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold at the moment … It would be my preferred one over gold at....
Legendary investor Paul Tudor Jones returned to CNBC’s Squawk Box stage to talk about inflation and his favorite hedge against it, Bitcoin. During his interview, Tudor Jones referred to inflation as “the number one issue facing investors” and financial markets. Related Reading | Why Paul Tudor Jones Could Invest 5% Of Its Portfolio In Bitcoin Unlike […]
In a recent interview with CNBC’s Squawk Box, legendary investor Paul Tudor Jones doubles down on his bullish stand for Bitcoin and crypto. Tudor Jones believes there are two main reasons why the digital asset sector could extend its gains. Related Reading | Why Paul Tudor Jones Made This Ominous Prophecy For Bitcoin The first reason […]
Billionaire Hedge-fund Manager Paul Tudor Jones said Wednesday on CNBC’s Squawk Box that he now prefers Bitcoin over gold as a hedge against inflation.