Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation

Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation
фото показано с : cointelegraph.com

2022-10-9 16:00

Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions.

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No Imminent Crypto Market Upurge Expected Following Release Of June 2022 US CPI Data

At the last meeting in mid-June 2022, the Federal Open Market Committee (FOMC)  announced their biggest interest rate hike in four decades of 75 basis points. Following this interest rate announcement, the crypto markets collapsed in anticipation of future interest rate hikes to curb rising inflation amidst fears of a looming global recession. At the […]

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