Raoul Pal: Is Zcash's Surge a Rotation Play or a Genuine Bull Run

Macro investor Raoul Pal suggests that the recent significant price increase in the privacy-focused cryptocurrency Zcash (ZEC) might be attributed to capital rotation rather than a sustainable bull trend. While Zcash has experienced substantial gains this year, Pal remains cautious about declaring it the start of a broader uptrend.