In a recent interview, macro guru Raoul Pal explained the current market conditions, describing it as “crypto summer,” where prices are expected to surge despite occasional pullbacks. He hinted at the transformative impact of cryptocurrencies, particularly Ethereum and Solana, poised to outperform Bitcoin during this period.

Pal’s bullish outlook is supported by his analysis of the correlation between crypto and macroeconomic trends. He believes the ongoing quantitative easing measures adopted by central banks will continue to drive demand for cryptocurrencies as investors seek alternative assets to hedge against inflation.

Regarding price predictions, Pal suggested that Bitcoin could reach over $200,000 per coin in the near term and potentially hit $1 million by the end of the bull market.