U.S. inflation breaks 40-year record: Can Bitcoin serve as a hedge asset?
Many have likened BTC’s anti-inflation properties to those of gold, but there are important differences between the two assets. Go to Source Powered by WPeMatico
Inflation
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Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO
“I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive,” said Dan Morehead. Go to Source Powered by WPeMatico
Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000. Go to Source Powered by WPeMatico
Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine. Go to Source Powered by WPeMatico
This Bitcoin price fractal from 2018 could trap bulls, sink BTC price to $25K — analyst
The eerie fractal risks sending Bitcoin’s price to $25,000 despite its sharp recovery in the previous weeks. Go to Source Powered by WPeMatico
Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’
On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets. Go to Source Powered by WPeMatico
DeFi flashes early revival signs as retail and institutional inflows trickle in
Inflows into the DeFi sector witnessed an uptick as the wider crypto market recovers and investor sentiment improves. Go to Source Powered by WPeMatico
Here’s why Bitcoin traders shouldn’t overanalyze US inflation data
Analysts say record high inflation in the United States is impacting crypto market momentum, but is the impact of the data overstated to the detriment of investors? Go to Source Powered by WPeMatico
Real Estate: The Hedge Against Inflation
Inflation is currently at its highest rate since 1982. This is due mostly to the pandemic which caused global shutdowns and supply chain issues throughout the world. This supply chain blockage affected cat and home inventory, and construction materials to produce these products skyrocketed in price. Building a home obviously requires lots of materials. … Read more
Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended. Go to Source Powered by WPeMatico
