Paul Tudor Jones Tamps Down Bitcoin Bullishness

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Paul Tudor Jones Tamps Down Bitcoin Bullishness
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Paul Tudor Jones says bitcoin (and the stock market) probably isn't the place to be as long as the Fed remains serious about getting a lasso around rampant inflation. godbole17 reports

"I still have a minor allocation to bitcoin," said Paul Tudor Jones in a CNBC appearance on Monday morning.

He later said he could see allocating as much as 5% of his assets to bitcoin if the Fed continued on its path of monetary debasement. His remarks at that time helped pump crypto prices – then already in a bull market – even higher.

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