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Market Cap:
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CoinGape
2022-09-13 18:22:37

Is Bitcoin Really A Hedge To Inflation? Bitcoin Price Drops Over High CPI Data

Is Bitcoin Really A Hedge To Inflation? Bitcoin Price Drops Over High CPI Data

Bitcoin (BTC) has lost its acclaim as a hedge against inflation and other unfavorable macroeconomic conditions. Following several victories against rising inflation, Bitcoin later succumbed to the effects of macro like all other risk assets. Gemini co-founder Tyler Winklevoss thinks this is because the asset is still at infancy. Tyler Winklevoss believes BTC is still The post Is Bitcoin Really A Hedge To Inflation? Bitcoin Price Drops Over High CPI Data appeared first on CoinGape.

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