Paul Tudor Jones: Bitcoin Has Become a Less Attractive Asset
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Paul Tudor Jones, a macro investor, revealed on CNBC in May 2020 that he had invested approximately 1% of his portfolio in Bitcoin.
Jones noted that crypto is a risky asset. Recently, Jones has made another appearance on CNBC to criticize the US government’s regulation of the blockchain industry.
He believes that the restrictive policy of Washington, along with the decreased value of BTC, have caused many investors to abandon cryptocurrency.
Jones has expressed his opinion that Bitcoin is now in a precarious situation, as the US regulatory system is opposed to it.
He has also suggested that Bitcoin’s status as a safe-haven asset is in danger due to the decrease in inflation.
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