As fear of inflation runs high, experts discuss its impact on Bitcoin – AMBCrypto

It is not news that many in the crypto community consider Bitcoin akin to digital gold, to hedge their money against price rise.

In the past as well, JP Morgan had associated the Bitcoin price rally with the resurgence of inflation fears.

In reaction to hotter than expected #inflation data #gold rose $18, closing near $1,850 per ounce, its highest level in five months.

Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.

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