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BTCUSD Tumbles as Inflation Hedge Thesis Fails Amid Fed Policy Concerns

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The Story

News Summary

  • Bitcoin is underperforming as its 'inflation hedge' narrative weakens.
  • Amid geopolitical tension and persistent inflation, investors are pivoting to traditional safe-havens like gold and the USD.
  • With Bitcoin showing high volatility and failing to track with broader equity market rallies, sentiment remains bearish as profit-taking continues.
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Stored market data

BTCUSD price history

77570.32 +15.78% over the displayed period

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