Well-known Bitcoin enthusiast and founder of Pomp Investments, Anthony Pompliano, said that due to its quality monetary principles, Bitcoin's capitalization will surpass that of gold.
During an interview on Fox Business, Anthony Pompliano once again confirmed his bullish stance on the first cryptocurrency. He emphasized that since the last halving, Bitcoin's growth has been higher than that of any other asset.
As for the noticeable decline in the cryptocurrency market, which began on April 12, Pompliano emphasized that the decline was also recorded in other markets, including gold and financial markets. This is mainly due to the escalation of tension in the Middle East. He recalled that during political instability, investors sell any liquid assets.
Pompliano noted that the next halving will have a significant impact on market dynamics. He emphasized that Bitcoin is a long-term investment:
Anthony Pompliano previously said that Bitcoin has become one of the most popular assets on Wall Street.
Source: Cryptocurrency
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