First Mover Americas: Bitcoin Below $20K and BTC's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
The latest price moves in bitcoin ($BTC) and crypto markets in context for July 12, 2022. Original Source
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InflationAdjusted
Bitcoin’s Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
On Wednesday, the U.S. Labor Department is scheduled to release June's consumer price index figure. The data is likely to show the cost of living rose 1.1% month-on-month, bringing the annualized figure to a new four-decade high of 8.8%. The CPI stood at 8.6% in May. The core inflation, which
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Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High Source
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Avoid Cash, Think in Inflation-Adjusted Dollars, Crypto Helps Diversify – Featured Bitcoin News
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well Bridgewater Associates
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