“Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value. We think the track record for crypto is too short to prove this,” the New York-based agency added, drawing attention to bitcoin’s (BTC) weak correlation with U.S. inflation expectations. www.coindesk.com
“Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value. We think the track record for crypto is too short to prove this,” the New York-based agency added, drawing attention to bitcoin’s (BTC) weak correlation with U.S. inflation expectations.
www.coindesk.com