Billionaire investor Paul Tudor Jones says Bitcoin (BTC) is one of the biggest winners in the current market. The renowned investor described Bitcoin as “very, very attractive.”
In a broadcast he attended, Jones drew attention to the asset classes that have become prominent recently and made the following statements:
“When you look at the biggest winners, gold is up 46-47%. Bitcoin is up around 50 or 60%, I'm not sure. Some of Morgan Stanley's retail flow basket stocks are up 67-68%.”
“Crypto, digital gold, is clearly an extremely attractive area,” Jones said, noting that investor interest is concentrated in such assets.
The famous billionaire stated that there is a “race” that will last until the end of the year, and that the combination of gold, crypto and Nasdaq could be a strong portfolio choice during this period:
“If you asked me what assets I'd like to hold right now, I'd say gold, crypto, and probably Nasdaq. I've said that before, and I still believe it's true.”
Jones also called Bitcoin the “best inflation hedge” in 2020. His recent statements suggest he still maintains his long-term confidence in digital assets.
*This is not investment advice.