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"Pompliano notes that despite a recent dip, both Bitcoin and gold are up around 35% over a one-year horizon. He suggests that institutional investors and central banks may be favoring gold in times of geopolitical uncertainty, but that Bitcoin tends to 'catch up' and 'run even harder' when gold runs higher. He also highlights the growing use of spot Bitcoin ETFs, including by sovereign wealth funds, and discusses the possibility of the U.S. government acquiring Bitcoin as part of a strategic reserve."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/10/crypto-news-Bitcoin-gold-option03.webp\nBitcoin remains under the spotlight as Anthony Pompliano, founder and CEO of Professional Capital Management, outlined a bullish long-term vision for the cryptocurrency in a recent CNBC interview. With Bitcoin (BTC) hovering around $85,000, following a recent dip to $76,000,…\nhttps://crypto.news/bitcoin-vs-gold-pompliano-explains-why-btc-may-soon-outperform/",
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