Loading cryptocurrency prices...

Pompliano: Bitcoin’s Scarcity Will Keep Driving Price Higher

  • Bitcoin is positioned as a new performance benchmark for investors, according to Anthony Pompliano.
  • Pompliano highlights Bitcoin’s strong price gains and its outperformance of traditional assets like the S&P 500.
  • He attributes Bitcoin’s appeal to its fixed supply and resistance to currency printing by governments.
  • Increasing investor holding and decreasing liquidity are contributing to upward price pressure on Bitcoin.
  • Pompliano compares Bitcoin to Gold, citing similarities as protection against currency devaluation but noting Bitcoin’s higher growth potential.

On Tuesday, Anthony Pompliano, founder and CEO of Professional Capital Management, stated that Bitcoin (BTC) is becoming the new standard for investment returns. Speaking with CNBC, Pompliano emphasized that Bitcoin’s limited supply sets it apart from traditional currencies, especially as governments continue to increase money supply.

- Advertisement -

He pointed out that since 2020, the S&P 500 has doubled in value, but relative to Bitcoin, it has declined by 90%. At the time of his statement, Bitcoin was trading around $125,000, having reached a record high of more than $126,000 in the previous session. According to Pompliano, few investments have matched Bitcoin’s performance in recent years.

“They are never going to stop printing money, so Bitcoin will never stop going up. Think of Bitcoin as savings technology: work hard, spend less than you earn, and put the extra into Bitcoin,” he told CNBC in the interview. Pompliano also remarked that a significant share of Bitcoin is being moved to illiquid supply, reducing available coins for trading and increasing price pressure. “Every Bitcoin that I buy, no one’s touching again until I die,” he said. “As more capital flows in and holders remain unwilling to sell, prices naturally rise to clear the market.”

Pompliano drew parallels between Bitcoin and gold, which are both considered hedges against currency depreciation. “Bitcoin and gold are brothers in arms in the fight against currency debasement,” he stated, observing that gold reached a new high of $3,985 before settling near $3,979. While gold has outperformed Bitcoin this year, Pompliano noted that Bitcoin has delivered greater returns over the last five years, describing it as “gold with wings” due to its smaller market capitalization, larger volatility, and higher upside.

Previous Articles:

- Advertisement -

Latest News

Canary Capital Files ETF for Cat-Themed MOG Memecoin Exposure

Canary Capital filed for an ETF based on MOG Coin, a cat-themed memecoin linked...

China Alleges US Stole $13B Bitcoin in 2020 Cyberattack

China’s National Computer Virus Emergency Response Center attributes a $13 billion Bitcoin theft to...

Scammers Exploit Australia’s Cybercrime System to Steal Crypto

Scammers use Australia's official cybercrime platform to impersonate federal police and steal cryptocurrencies.Fraudulent reports...

Dromos Labs to Launch Aero Token in 2026, Challenging Uniswap

Dromos Labs will launch the Aero protocol and token on Ethereum in the second...

Parag Agrawal’s AI Startup Raises $100M, Valued at $740 Million

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million...
- Advertisement -

Must Read

10 Best Crypto Audiobooks You Don’t Want to Miss

So, you are getting tired of reading books and you want to switch to audiobooks that talk about cryptocurrencies. Well, today we are going...