Cryptocurrencies are becoming increasingly dependent on the macroeconomic environment of which they inevitably become a part. Unfortunately, current inflation rates in the United States, Europe, and many other countries around the world make this...
On holding Bitcoin, Hedge Fund Manager Paul Tudor Jones said he has “still got a very minor allocation, I’ve always had a small allocation to it.” This is despite its highly correlated moves with the risk-on market, not to mention stagnant price...
Bitcoin, and crypto assets in general, have become more correlated with tech stocks in recent months, according to research.
The post Here’s How Bitcoin Has Behaved Like a US Tech Stock; Is It Still a Hedge? appeared first on BeInCrypto.
Both realized and unrealized losses have spiked for Bitcoin holders while detractors continue to question its properties as a hedge against inflation.
The post Realized Losses Spike as Bitcoin Inflation Hedge Properties Are Questioned appeared first...
The Consumer Price Index (CPI) in the U.S. has hit a three-decade high. It is noteworthy that the U.S. Labor Department data pins the non-seasonal figure at 6.2% over the last 12 months. Bitcoin and inflation pairing well Naturally, the...
