Bitcoin Is the Big Winner in an Inflationary Environment, Says BTC Bull Anthony Pompliano – Here’s Why - The Daily Hodl

Daily Hodl Staff
Daily Hodl Staff

19 Mar 2023 2:30 PM

A prominent crypto influencer is doubling down on his belief that Bitcoin (BTC) continues to serve as an inflation hedge even after its deep correction last year. ...

  • Anthony Pompliano, a prominent crypto influencer, believes that Bitcoin still serves as an inflation hedge despite its deep correction in 2022.
  • Pompliano explains that markets are forward-looking and that investors sold their inflation hedge assets to buy treasuries and value stocks when the Fed said they were going to bring down inflation.
  • He also says that Bitcoin's recent 60% price upswing can be attributed to the king crypto's response to the current macroeconomic situation.
  • Pompliano believes that Bitcoin is the best inflation hedge asset and that traders should learn to ignore all the "noise" in the market.

The article has a positive sentiment towards Bitcoin and Anthony Pompliano's belief that it still serves as an inflation hedge.

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Related Questions

What is Anthony Pompliano's belief about Bitcoin as an inflation hedge?
Why did investors sell their inflation hedge assets to buy treasuries and value stocks?
What is the reason behind Bitcoin's recent 60% price upswing?
According to Pompliano, what should traders learn to ignore in the market?
What is the current trading price of Bitcoin at the time of writing?

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