US inflation hit 6.3% as Bitcoin crosses previous all-time high and begins price discovery.
Analysts argue that Bitcoin is likely to hit the end of year targets in the currency cycle as the Consumer Price Index rises.
Bitcoin is considered a hedge against inflation; therefore, a rise in inflation influences capital rotation in Bitcoin.
Analysts argue that Bitcoin is likely to hit the end of year targets in the currency cycle as the Consumer Price Index rises.
Bitcoin is considered a hedge against inflation; therefore, a rise in inflation influences capital rotation in Bitcoin.
