What Is Bitcoin Meant to Hedge?
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.
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Inflation
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.
Warren Buffett, one of the most recognized investors and the eighth richest person in the world, has been investing for … Continue reading
The post Warren Buffett on inflation: Strategies for sustainable growth appeared first on Finbold.
Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
U.S. economic data on Thursday has sent rates and the dollar higher.
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Since early 2022, the Federal Reserve has taken a hawkish approach to the United States economy. Thus, it has implemented … Continue reading
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If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?
The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.