Today news
About the same in other media
13.12 - 13:14
Research shows Bitcoin has been an ‘excellent inflation hedge’ during this period
Reading now: 284
While there were hopes of Bitcoin reaching $98,000 in November before rolling on to $100,000, reality saw the king coin tumbling below $50,000. The “first miss” of Plan B’s floor model sent shockwaves through the crypto community. Now, many investors might be wondering if buying Bitcoin during COVID-19 was a good idea at all.
But according to one research report, there’s a definitive answer to this question.
In a newly released research report, Arcane Research concluded that Bitcoin has been an “excellent” inflation hedge during the pandemic. The report stated,
“During the same period, gold has had a real return of 8%, while the S&P 500 has returned 33% in real terms. Bitcoin’s unmatched returns during this highly inflationary period
Read more on ambcrypto.comAbout this in other media
Only 10% of Bitcoin supply left to mine cointelegraph.com /3 years ago
El Salvador’s Bitcoin City and why it could be a ‘pretty attractive opportunity’ ambcrypto.com /3 years ago
Bitcoin’s journey from ‘good for diversification’ to ‘key’ part of an investment portfolio ambcrypto.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
