Billionaire investor Paul Tudor Jones emphasized bitcoin’s role beyond speculation, calling it essential in today’s economic climate.
In a Bloomberg TV interview, Jones described the U.S. as trapped in debt, with policymakers likely to maintain real interest rates below inflation to ease debt burdens.
Jones expects President Trump to appoint an “uber-dovish” Federal Reserve chair to succeed Jerome Powell, whose term ends next year. He warned this would lead to higher inflation, reduced purchasing power, and increased risks for traditional investment portfolios.
To counter these effects, Jones recommended portfolios hold a mix of bitcoin, gold, and stocks. He highlighted bitcoin’s higher price volatility compared to gold, advising adjustments in allocation sizes accordingly. “That’s probably your best portfolio to fight inflation,” he said.
As the manager of Tudor Investment Corp., a $16 billion macro hedge fund, Jones has advocated bitcoin as an inflation hedge for years. While previously suggesting a 1–2% allocation, he did not specify an amount this time but reaffirmed his strong belief in bitcoin’s role.
His comments followed updated Consumer Price Index data showing a 2.4% inflation increase over the past year, slightly below expectations.