The Story
News Summary
- Raoul Pal disputes the theory that capital is fleeing crypto for tech stocks, citing Bitcoin's 318% gain since 2022 compared to the Nasdaq's 187%.
- He characterizes recent crypto weakness as a standard mid-cycle correction driven by liquidity trends rather than a fundamental shift in investor preference.
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Stored market data
BTCUSD price history
75728.89
+15.20% over the displayed period
Advisor Snapshot
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