Categories: Bitcoin Latest News

BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge

Bitcoin’s volatile price means it is unlikely to be adopted as an inflation hedge by investors in developed countries.Read MoreCoinDeskBitcoin’s volatile price means it is unlikely to be adopted as an inflation hedge by investors in developed countries.

Recent Posts

Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares

Shares in Trump media experienced a similar dynamic before the recent price slide.Read MoreCoinDesk: Bitcoin,…

48 minutes ago

Bitcoin Expert Predicts Correction To $78,000 CME Gap, Reveals Date For Next Bear Market

Bitcoin (BTC) has recently experienced a massive surge, rising over 39% since November 5th to…

2 hours ago

Bitcoin Hits $90K Milestone—Is A Path to $100K On The Horizon? Analyst Weighs In

Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant…

3 hours ago

Record-Breaking Bitcoin Rally Post-Trump Victory Begins To Cool In Derivatives Trading, What’s Next?

The massive Bitcoin (BTC) rally following Donald Trump’s victory in the US presidential election is…

4 hours ago

XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play

“We believe that the underlying strength in BTC represents a systematic shift in the market…

5 hours ago

Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?

Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital…

6 hours ago