Raoul Pal: Bitcoin will outperform Nasdaq 100 index

Real Vision founder Raoul Pal stated that the weekly trend of Bitcoin against the Nasdaq 100 index has broken through the downward trend, and it is expected that Bitcoin will perform better than the Nasdaq 100 index in the future. After the Federal Reserve raised interest rates by 25 basis points to 3.75% to 4.00%, the price of Bitcoin rose from approximately $75600 to above $81000. Raoul Pal believes that fiscal dominance and demand for debt refinancing will drive increased liquidity and benefit cryptocurrency assets. (Source: Bitcoin.com News)