Real Vision founder Raoul Pal says Bitcoin will outperform the Nasdaq 100

Odaily reports that Real Vision founder Raoul Pal stated that Bitcoin's weekly chart against the Nasdaq 100 has broken through a downtrend, and he expects Bitcoin to outperform the Nasdaq 100 going forward.

He noted that after the Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, Bitcoin's price rose from around $75,580 to above $81,000. Pal believes that fiscal dominance and debt refinancing needs will drive increased liquidity and benefit crypto assets. (Bitcoin.com News)