Raoul Pal, co-founder and CEO of Real Vision Group, has provided a bold macroeconomic perspective on the cryptocurrency market.
Pal’s insights come amidst the ongoing market selloff, which has sparked bearish concerns in some quarters.
Market Correction: A Repeat of 2017?
In a series of X posts, Pal noted that the current market downturn is a normal correction. He assured investors not to regard it as a long-term bearish shift, as it will soon blow over.
Notably, the crypto expert attributes the ongoing crypto dip to tightened liquidity. According to Pal, this was caused by the stronger U.S. dollar and higher interest rates recorded in Q4 2024.
He drew a correlation to past market cycles, specifically in 2017. Pal maintained that the current market cycle mirrors that era when President Donald Trump’s policies also led to a stronger dollar and higher interest rates.
It remains to be seen if Bitcoin and other crypto assets will continue to soar under President Trump’s
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