Gold, traditionally seen as an inflation hedge, also shows inconsistent and often negative correlations with inflation, the data shows.
Bitcoin Shines as a ‘Liquidity Barometer,’ Not an Inflation Hedge, NYDIG Says
Gold, traditionally seen as an inflation hedge, also shows inconsistent and often negative correlations with inflation, the data shows.
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The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.
Bitcoin spot ETFs in the United States still hold about $85 billion in assets, despite the BTC price crash.
NEAR showed resilience on Thursday with strong recovery from $2.42 support level, despite chaos in global markets.
Analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch.