Top Fund Manager Explains Why Bitcoin Will Undergo “Explosive” Rally

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It’s been a strong day for scarce assets like Bitcoin, gold, and silver. These three markets are up strongly on a day where the S&P 500 struggled to register any gains after Monday’s surge. As of this article’s writing, Bitcoin is up 2.5% in the past 24 hours while the silver market has gained 5% and gold around 1%. A prominent hedge fund manager that has long had an interest in BTC expects this rally to continue. He wrote on July 20th that the three aforementioned assets, coupled with others in its class, could soon make “explosive moves higher.” Bitcoin Could Soon Explode Higher, Says Kyle Bass According to the chief investment officer of Hayman Capital Management, Kyle Bass, Bitcoin will soon rally alongside the two top precious metals: “Silver, Gold, Bitcoin, etc all look to be ready to make explosive moves higher given the sheer amount of money printing…

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