Amid a sea of optimism in the Bitcoin space, in part due to the recent revelation that hedge fund manager Paul Tudor Jones owns BTC, macro trader Raoul Pal reiterated his projections of a $10 trillion asset while investors are increasingly looking at Bitcoin as a valid investment vehicle. ⠀ In a recent appearance on the Keiser Report, Pal spoke about a transition period for Bitcoin that would signal the world’s hedge funds to buy the asset in order to stay competitive. ⠀ Bitcoin has yet to become meaningful ⠀ Despite moving into the mainstream consciousness during the 2017 bull run, Bitcoin has yet to become meaningful to people, according to Pal. With its current market cap of roughly $175 billion, Bitcoin can be compared to an average US company. ⠀ “For me, if it is the future of the financial system, that’s the size of a company like Bed, Bath and Beyond or something.” ⠀ However, Pal believes that once Bitcoin transitions from a niche investment to an asset class, things will change. Responding to Keiser about the possibility of Bitcoin increasing 30-fold, as suggested by Paul Tudor Jones, Raoul remarked, ⠀ “I think that its valuation over time, if it becomes the ecosystem we believe it will be – and it will take the whole ecosystem with it, I think – then yes, a $10 trillion number is easily achievable within that process. That takes it from being a niche to an asset, and once it’s a full asset class, it becomes investable for others.” ⠀ Please let me know what you think about this. ⠀ For the TOP Crypto News Follow 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinhashpower #cryptocurrencies #bitcoinmarket #bitcoininvestor #bitcoinnews #btcprice #bitcoininfo #investinbitcoin #btchalving #bitcoinhalving #cryptotalk247 #cryptocurrencynews #bitcoinfutures #bitcoinusa #bitcoinmarketcap #bitcoins #bitcoinhashrate #cryptocurrency #intocryptonews #bitcoinhodler #bitcoinhash #timeforplanb #cryptonews #bitcoin #btc #bitcoinprediction #bitcoinprice #cryptolife #bitcoinholder #crypto https://www.instagram.com/p/CAT6qogAxVB/?igshid=5daiy2gl3wrs