As investors search for safe havens in uncertain economic times, cryptocurrencies are emerging as a potential solution, according to Mark Yusko, the CEO of Morgan Creek Digital. Yusko predicts that a "crypto summer" bull run will start in May, with more investors turning to cryptocurrencies to protect their investments amid global economic concerns.

He attributes the rise in cryptocurrency prices to the massive increase in global liquidity, including China's trillion-dollar printing since October, Japan's couple of hundred billion, and the Federal Reserve's $300 billion. As a result, $1.5 trillion of liquidity is flowing into assets that people like, including cryptocurrency.

Yusko believes that Bitcoin and Ethereum are the biggest beneficiaries, but the trend is trickling down the ladder as well. Bitcoin surged back above $30,000 on Tuesday, fueled by the liquidity of the opening trading sessions on Wall Street on April 18th.

Yusko added that Bitcoin has hit new record highs in several metrics, including adoption, hash rate, number of wallets, and transaction size and volume. He predicts that the bull market will begin in a couple of weeks, starting on his birthday on April 18th. Yusko emphasized the importance of focusing on long-term investment strategies rather than short-term price movements.