wardklumph
@wardklumph
Bitcoin’s performance in a global inflation environment has been mixed. While its fixed supply suggests it could hedge inflation, it fell 65% in 2022 during high inflation, unlike gold. Its correlation with stocks, especially the S&P 500, has risen (0.36 in 2020-21 vs. 0.01 pre-2020), moving in tandem due to risk-on sentiment and institutional inflows, amplifying market trends rather than diverging, per recent analyses.
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