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Raoul Pal, the CEO of Real Vision, is extremely bullish on crypto this cycle, and here’s why.
When comparing the NASDAQ to Bitcoin, he notes that the NASDAQ has underperformed Bitcoin by 99.97%. This proves Bitcoin's significant outperformance relative to traditional stock indices.
Given that various assets are correlated and driven by the same macroeconomic forces,
Pal suggests that investors should focus on owning the strongest-performing asset. For him, the perfect asset for this is crypto, specifically Bitcoin, Etheruem and Solana.
Meanwhile, an article on Watcher Guru predicts that Solana could boost its price following the recent filing of Ark21 Shares and VanEck for a potential SOL ETF. The filings have increased market confidence in Solana.
About Raoul Pal:
Raoul Pal is the co-founder and CEO of Real Vision, the world's preeminent financial media platform, which helps members understand the complex world of finance, business, and the global economy.
#Bitcoin #Crypto #Investing
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