Real Vision CEO Raoul Pal said bitcoin carries an 87% correlation to global liquidity, arguing the asset tracks the amount of money moving through the financial system rather than corporate earnings or the news cycle. A Detailed Explanation Pal, founder of financial media platform Real Vision and a retired Goldman Sachs hedge fund manager, is […]Raoul Pal: Bitcoin’s 87% Correlation to Global Liquidity Beats Earnings and Headlines
Real Vision CEO Raoul Pal said bitcoin carries an 87% correlation to global liquidity, arguing the asset tracks the amount of money moving through the financial system rather than corporate earnings or the news cycle. A Detailed Explanation Pal, founder of financial media platform Real Vision and a retired Goldman Sachs hedge fund manager, is […]