“We find ourselves in an environment of significantly elevated inflationary pressures, an environment that is also completely new territory for bitcoin and its reaction function, in other words, whether bitcoin is a decent inflation hedge or not remains to be seen,” Marc-Andre Fongern, senior analyst at Fongern Global FX, told CoinDesk in a LinkedIn chat. Source link … [Read more...] about Bitcoin Still a Risk-Asset Despite Last Week’s Inflation-Led Rally, TradFi Experts Say
RiskAsset
Bitcoin Still a Risk-Asset Despite Last Week’s Inflation-Led Rally, TradeFi Experts Say
“We find ourselves in an environment of significantly elevated inflationary pressures, an environment that is also completely new territory for bitcoin and its reaction function, in other words, whether bitcoin is a decent inflation hedge or not remains to be seen,” Marc-Andre Fongern, senior analyst at Fongern Global FX, told CoinDesk in a LinkedIn chat. Source link … [Read more...] about Bitcoin Still a Risk-Asset Despite Last Week’s Inflation-Led Rally, TradeFi Experts Say