Entrepreneur and cryptocurrency market commentator Anthony Pompliano projected Bitcoin (CRYPTO: BTC) to soar to a gazillion Monday, driven by massive money printing in a heated economy.
What Happened: Pompliano took to X, reading between the lines of a Truth Social post by President Donald Trump.
“For all cost-cutting Republicans, of which I am one, REMEMBER, you still have to get reelected. Don’t go too crazy! We will make it all up, times 10, with GROWTH, more than ever before,” Trump wrote.
Pompliano viewed it as a shift away from the administration’s cost-cutting measures and toward more growth-focused policies.
“The only way to accelerate growth is to innovate and to print money and we’re going to do both of them,” Pompliano said.
He went on to say …