Anthony Pompliano, co -founder of Morgan Creek Digital, says that Bitcoin is far from the king

Although Bitcoin has difficulty staying over $ 50,000, Morgan Creek's co-founder of the Pomp Podcast Anthony Pompliano, who is popularly known as a Pomp, said that Bitcoin is still the prospect of the King of Krypto Assets.

Pompliano made the remarks on December 9 during an interview with Andrew Ross Sorkin, a co-moderator of CNBCS Squawk Box.

While he made the claim, Pompliano continued that Bitcoin has the best fundamental data and that the majority of Bitcoin investments are profitable.

During the interview, Pomp said:

"If you look at how many people hold Bitcoin, basically, wherever you bought Bitcoin, this price has now compared, 89-90% of the people are profitable ... While we have an undisciplined money and fiscal policy, I don't sell my Bitcoin. There are millions of other people who do not sell and the question is not. Next. ”

The crypto investor also assumed that the US dollar, in contrast to Bitcoin and other cryptocurrencies, must increase over time in order to do justice to everyone.

When Bitcoin moves, the rest of the cryptoma market

He quickly found that everything else, especially on the cryptom market, has moved with the Bitcoin price. If it falls, most cryptocurrencies also fall and if it increases, most coins also rise.

he said:

"I think Bitcoin is still the king. If it moves, everything else moves. If Bitcoin sinks, other things tend to move. That changes a little, but I think it is still true."

Although investors move away from Bitcoin at times, especially if it registers massive downward movements, according to the investor, they finally return to invest in BTC. He also said that the crypto market is also mature and we see that investors are more interested in less volatile assets compared to extremely volatile assets.