When bitcoin meets inflation
Écrit le 28.03.20222022 is a challenging year, especially for crypto, as bitcoin approaches its correction phase in a halving cycle. The crypto market started the year with price turbulence amid the Federal Reserve (Fed) raising interest rates, high inflation, and the general equity markets drop. The total crypto market cap briefly reached an all-time-high at $3trillion in early November 2021 and has dropped to $1.87trillion, with Bitcoin now at $41,206 (-11% Year to date (YTD)) and Ethereum at $2,883 (-23%YTD).
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