Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund. "If we can, the classic Q4 crypto rallies we've seen in most years could take bitcoin towards some of the loftier price predictions we've seen over the past several months. Billionaire investor Paul Tudor Jones called crypto his preferred inflation hedge over gold. Crypto would be a great hedge," Jones told CNBC's "Squawk Box." I would think that would also be a very good inflation hedge.
