Blog Details

When the horror US inflation figures dropped this month, bitcoin was flagged as a possible hedge, but that’s looking increasingly unlikely.

Speculation that bitcoin would be used by investors as a hedge instead of gold looks unlikely despite horror US inflation.

The price of bitcoin has trended lower this week, falling from a high of $US62,440 ($A86,398) last Tuesday to $US55,783 ($A77,187)…

Click here to check original article.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>