From the article:
> 'Morehead expects interest rate hikes to impact bonds, stocks and real estate. But there are asset classes that are less correlated with the interest rate markets.
> “I can easily see a world in, say, a year when stocks are down, bonds are down, you know, real estate's down, but crypto is rallying and trading on its own — very much like gold does, or soft commodities like corn, soybeans all doing very well.”
> Morehead’s Pantera Capital specializes in blockchain technology. It launched the first cryptocurrency fund in the U.S. in 2013.'
That said, Morehead did note that crypto is “very correlated with risk assets.”
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