Forget Inflation: Bitcoin Rallies When The Dollar Falls, Study Finds
According to NYDIG research, Bitcoin’s price moves are driven more by the strength of the US dollar and broad liquidity conditions than by direct ties to inflation. Greg Cipolaro, NYDIG’s global head of research, said the data show weak and inconsistent links between inflation measures and Bitcoin. That view shifts attention away from the old… Continue reading Forget Inflation: Bitcoin Rallies When The Dollar Falls, Study Finds