Anthony Pompliano, co-founder of Morgan Creek Digital, still sees Bitcoin (BTC) as the leading cryptocurrency.
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In a new interview on CNBC Squawk Box, Pompliano stated that the top cryptocurrency still has many bullish fundamentals despite any downside.
Pompliano says that Bitcoin’s impact on the market shows that it is still the king cryptocurrency despite the big moves from other cryptocurrencies including Ethereum (ETH) and Solana (SOL).
While it’s true that investors are investing in other crypto assets, he says they’re all turning to Bitcoin again.
Bitcoin bull explains that just like stocks and other financial markets, crypto investors are gravitating towards less volatile assets.