Bitcoin Faces Hedge Test Amid Rising Inflation Concerns

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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  Read more »
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