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Bitcoin Surges Amid Inflation: A New Hedge?
Published 2 weeks, 6 days ago
Description
Bitcoins surge to $80,000, driven by inflation fears, challenges traditional hedging strategies. Investors are treating bitcoin as a safe haven, pouring $4.45 billion into spot bitcoin ETFs since March. Wall Street heavyweights see bitcoins fixed supply as an advantage over gold. The true hedge test will come if stocks drop, as bitcoins correlation with U.S. stocks is rising.
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