Bitcoin is not a hedge against inflation; it’s a hedge against hyperinflation.
Bitcoin has been falling since the Fed started its Quantitative Tightening (QT). If you see this chart, the market cap of Bitcoin is highly correlated to the money supply.
The recent rebound is merely a change in market sentiment. Can it sustain? I doubt so.
Source:iSquare​
Created by DonkeyStock | Jun 05, 2024
Created by DonkeyStock | May 28, 2024
Higher offer price for MPHB Capital Bhd ?
Created by DonkeyStock | May 27, 2024
DC Healthcare Bhd has delivered a worsening financial result
Created by DonkeyStock | Jan 04, 2024
Property investing by these visionary Singapore-based companies
Created by DonkeyStock | Jan 03, 2024
Discover the factors behind this surge, the challenges faced by top cocoa producers, and the ripple effect on chocolate manufacturers
Created by DonkeyStock | Aug 15, 2023
Created by DonkeyStock | May 03, 2023
Companies listed on Bursa Malaysia with an outstanding quarter results for the month of Apr 2023.