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WATCH: U.S. backed digital currency could live alongside certain cryptocurrencies Value of cryptocurrency Because the value of Bitcoin is currently not tied to the value of a basket of goods or services, its value as an inflation hedge is a matter of speculation and is unpredictable. Throughout much of 2021 and 2022, Bitcoin experienced both sharp rallies and sharp price declines even though inflation data consistently ticked higher. Whether Bitcoin will prove to be an effective inflation hedge in the long run is yet to be determined.
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This has led some cryptocurrency “purists” to decry that it goes against some of the core pillars of cryptocurrency. FAQs Stop Loss (close trade at X loss) and Take Profit (close trade at X profit), Increase and Auto-Increase options available!Pages
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