Bitcoin Faces Hedge Test Amid Rising Inflation Concerns

Inflation — or rather, the perceived threat of inflation — has been very kind to bitcoin (BTC) and crypto. Thanks in part to the US Federal Reserve (Fed) committing to ‘unlimited’ quantitative easing and to Congress approving trillion-dollar stimulus packages, bitcoin has climbed from below USD 5,000 to above USD 61,000 in less than a year.
Much of bitcoin’s ascent

[Full content at Read More]

Where do you want to share?