Raoul Pal: Weaker Dollar Could Trigger Extended Crypto Rally as AI Stock Momentum Pauses
- —Pal says capital is beginning to rotate from AI stocks back into crypto
- —Bitcoin rose ~25% to $80,000 in August while Nvidia fell for 7 straight days
- —US 10-year Treasury yield hit 5.29% in September
- —Solana logged 3.2M daily active addresses vs Ethereum's 387,000
Why it matters: The rotation signal between AI equities and crypto liquidity is key to gauging whether the current rally can extend.
Source: Blockonomi