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Bitcoin Still a Risk Asset Despite Last Week’s Inflation-Led Rally, TradFi Experts Say

An elevated inflationary environment is completely new territory for bitcoin and its reaction function, one analyst said.

Updated May 11, 2023, 5:27 p.m. Published Nov 15, 2021, 11:37 a.m.
Bitcoin has been leading tops and bottoms in AUD/JPY, an FX market's risk barometer, by about four weeks. (TradingView)
Bitcoin has been leading tops and bottoms in AUD/JPY, an FX market's risk barometer, by about four weeks. (TradingView)