Anthony Pompliano Says Bitcoin Set To Be ‘A Big Winner’ In Coming Months Due To ‘Cheap Money Floating Into The System’
Posted On September 26, 2024
Anthony Pompliano, founder and CEO of Professional Capital Management, believes that Bitcoin (CRYPTO: BTC) is poised for significant gains in the coming months, attributing its potential upward momentum to the recent shift in global monetary policy.
What Happened: “Bitcoin ends up being a big winner whenever we get kind of cheap money floating into the system,” he said during an interview with CNBC.
Pompliano, who will be a headline speaker at Benzinga’s Future of Digital Assets event on Nov. 19, pointed to the Federal Reserve’s recent 50 basis-point interest rate cut, suggesting it signals the …
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