Bitcoin is clearly an inflation hedge...
It's a lot more than just an inflation hedge, but it clearly is an inflation hedge as well...
Here's what bitcoin did when the CPI number came out today...
Check it out:
(Source: https://twitter.com/BTC_Archive/status/1458435673392881666/photo/1)
Good news for bitcoin!
That pump lasted 4 hours and now it's back to where it was...
Yea caught up in the tech selling... that was unfortunate.
Some people were clearly after quick profits... But that also means we can expect another climb very soon...