Fidelity's Timmer reveals why Bitcoin ranks first

Fidelity’s Jurrien Timmer noted that Bitcoin remains the best-performing asset with gold and stocks, while bonds lag behind, driven by scarcity and weakness in fiat currencies. Despite previous forecasts that Bitcoin will surpass gold, Bitcoin continues to perform well and hit a new high of over $3,650, driven by Fed rate cut expectations. Tee defaults to potential quantitative easing that could boost both assets and insists that Bitcoin follows its four-year cycle despite the influence of institutional investors.