In a high-inflation environment, Bitcoin is often viewed as a potential hedge due to its capped supply and decentralized nature. However, its performance has shown mixed results. While Bitcoin initially gained traction as "digital gold," its correlation with stock markets has increased during economic uncertainty, particularly in 2022-2023. This suggests that macroeconomic factors, such as interest rate hikes and risk-off sentiment, impact both asset classes. Despite this, Bitcoin’s scarcity and growing institutional adoption may strengthen its store-of-value narrative over time. Investors should monitor its decoupling from traditional markets and its ability to maintain resilience amid inflationary pressures.