Famous investor Paul Tudor Jones is investing in Bitcoin (BTC) and other commodities after the November presidential elections in the US, stating that all roads lead to inflation. Speaking to CNBC, Jones said he prefers a basket consisting of gold, Bitcoin, commodities and NASDAQ technology stocks, and stays away from fixed-income assets.

While the US Federal Reserve's long-term inflation target is 2%, US consumers expect inflation to be around 3% for the next 12 months. However, Jones stated that increasing government spending and upcoming tax cuts make it difficult to achieve these targets.

According to a JPMorgan report, investors are turning to gold and BTC due to increasing geopolitical tensions and high inflation expectations. The BTC price has increased by more than 50% since the beginning of the year, and analysts are eyeing price targets near BTC's current peak.

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