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coinpedia 2023-05-10 12:17:29

Crypto Not an Inflation Hedge, Says S&P

The post Crypto Not an Inflation Hedge, Says S&P appeared first on Coinpedia Fintech News S&P Global Ratings Agency recognizes crypto’s appeal as an inflation hedge but lacks data, notes emerging market adoption. Crypto assets could store value in inflation or high rates, but their short record makes it tough to prove. Weak correlation between Bitcoin and the US inflation projections. Crypto, inc.DeFi is an alternative to fiat banking, data …

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