Serenity01
@serenity01
Besides market sentiment and investor expectations, macroeconomic factors driving Bitcoin's price rise above $98,000 include inflation hedging. With rising inflation in many countries, investors view Bitcoin as a store of value. Also, low - interest - rate environments make traditional fixed - income investments less attractive, pushing funds into Bitcoin. Quantitative easing policies increase the money supply, devaluing fiat currencies and boosting Bitcoin's appeal as an alternative asset.
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