Crypto
Tudor Jones calls bitcoin best inflation hedge, says U.S. stocks are a bubble
Billionaire investor Paul Tudor Jones rated bitcoin as a stronger inflation-hedge asset than gold and raised concerns that U.S. stocks are overvalued. He cited bitcoin’s capped supply of 21 million coins and recalled that inflation-benefiting assets surged during the 2020 pandemic stimulus period, when bitcoin later climbed sharply. Jones warned S&P 500 expected returns could be near negative over 10 years and pointed to valuation, supply and leverage risks.