Bitcoin (BTC) has lost its acclaim as a hedge against inflation and other unfavorable macroeconomic conditions. Following several victories against rising inflation, Bitcoin later succumbed to the effects of macro like all other risk assets. Gemini co-founder Tyler Winklevoss thinks this is because the asset is still at infancy. Tyler Winklevoss believes BTC is still The post Is Bitcoin Really A Hedge To Inflation? Bitcoin Price Drops Over High CPI Data appeared first on CoinGape.
