Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since the onset of the pandemic has fuelled a historic bubble in the bond market that will sooner or later — implode….
Read More: Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds – Pantera’s CEO