【Paul Tudor Jones is optimistic about Bitcoin and commodities due to rising inflation expectations after the U.S. elections】According to Mars Finance, veteran investor Paul Tudor Jones stated that he is optimistic about Bitcoin and other commodities due to rising inflation expectations following the U.S. elections. Jones mentioned on CNBC's Squawk Box that he will hold gold, Bitcoin, commodities, and NASDAQ tech stocks, while avoiding fixed-income assets.

According to data released by the New York Federal Reserve on October 15, U.S. consumers' median inflation expectation for the next 12 months is around 3%. However, Jones believes that increased U.S. government spending and upcoming tax cuts make achieving these targets nearly impossible.

The Congressional Budget Office estimates that the federal government deficit for fiscal year 2024 will reach $1.9 trillion, and it is projected to increase to $2.8 trillion by 2034. Jones believes the only solution is to escape the predicament through inflation, using Japan as an example.

JPMorgan's report on October 3 highlighted that investors are turning to gold and Bitcoin to cope with the 'catastrophic scenarios' brought about by escalating geopolitical tensions. The report also mentioned that Bitcoin exchange-traded funds saw renewed inflows in September, indicating that retail investors may also view gold and Bitcoin as similar safe-haven assets.

As of now, the price of Bitcoin has risen over 50%, with analysts expecting its price target to approach its current historical high of $73,679.