Billionaire investor Paul Tudor Jones calls bitcoin ‘the best inflation trade’ as token surges above $13,000 | Currency News | Financial and Business News

  • Bitcoin’s October rally will continue as investors start scooping up the token as an inflation hedge, billionaire investor Paul Tudor Jones said Thursday.
  • The world’s largest cryptocurrency is up nearly 20% this month and recently rallied above $13,000 for the first time since July 2019.
  • With the Federal Reserve slated to pursue price growth above 2% in the future, bitcoin will serve as “the best inflation trade,” Jones said on CNBC.
  • Betting on the…

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