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Bitcoin Tanked After the Fed Minutes Were Released. Here’s Why.

Barrons2022-01-06

Bitcoin slid sharply after the Federal Reserve released minutes of its December meeting, with policy makers indicating growing unease over inflation and the potential for interest rates to start ...

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  • Jason_LSE
    ·2022-01-06
    Does this mean BTC is no longer a good inflation hedges? No longer like digital gold ?
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    • CrystalRose
      This year, bitcoin will mature into a gold-like store of value. the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin.
      2022-01-06
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    • CatherineGunter
      This year marks a key test for bitcoin’s transition toward a quasi-currency like gold, and we expect it to pass,.
      2022-01-06
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    • AfraSimon
      The damage to world economies caused by Covid-19 is prompting governments to dole billions of dollars in stimulus,expects bitcoin to gain amid the circumstances, helped on by mainstream adoption.
      2022-01-06
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