Hedge fund billionaire Paul Tudor Jones was one of the most vocal Bitcoin bulls in 2020. Today he stated ‘I still have a minor allocation to Bitcoin’, and that he always will.
CoinDesk has referred to that as a ‘tamping down’ of his former ‘Bitcoin bullishness’. Paul Tudor Jones went on to say cryptocurrencies, specifically Bitcoin and Ethereum, ‘will have value at some point’, but that he doesn’t know ‘when that will be’.
When pressed by the interviewer on CNBC’s Squawk Box, he did agree that their value will be ‘much higher’. Some sources such as Bitcoin Magazine and Will Clemente saw his remarks as an overall positive.
