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Cryptoslate

Does a weaker dollar drive Bitcoin price now?

Bitcoin breached $116,000 for the first time in two weeks, and the usual narrative surfaced: inflation hedge. But the data tells a different story. This cycle, Bitcoin trades less like a consumer-price shield and more like a real-time barometer of dollar liquidity and discount rates. The question isn't whether Bitcoin hedges inflation, but whether a [...]The post Does a weaker dollar drive Bitcoin price now? appeared first on CryptoSlate.

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