Cryptocurrency Market Update: Is Bitcoin and Altcoins Attempting Recovery?
Posted: April 20th, 2022, 8:15 am
Cryptocurrency Market Update: Is Bitcoin and Altcoins Attempting Recovery?
Bitcoin and Nasdaq 100 have been clobbered in 2022 as both are down about 15% but in the same period, gold has risen about 10%. This shows that in a high inflation, rising rate environment, investors have shunned assets perceived as risky and are sticking to gold, which is a proven inflation hedge.
Bitcoin and major altcoins are giving signal for a recovery. Is this a good time to start buying or should one sell the rallies?
#Bitcoin #Inflation #Investors #CNBC #LFG #Wallet #altcoins #Crypto #Cryptocurrency #CryptonaireWeekly #platinumcryptoacademy
https://www.platinumcryptoacademy.com/c ... s-recovery
Bitcoin and Nasdaq 100 have been clobbered in 2022 as both are down about 15% but in the same period, gold has risen about 10%. This shows that in a high inflation, rising rate environment, investors have shunned assets perceived as risky and are sticking to gold, which is a proven inflation hedge.
Bitcoin and major altcoins are giving signal for a recovery. Is this a good time to start buying or should one sell the rallies?
#Bitcoin #Inflation #Investors #CNBC #LFG #Wallet #altcoins #Crypto #Cryptocurrency #CryptonaireWeekly #platinumcryptoacademy
https://www.platinumcryptoacademy.com/c ... s-recovery