BTC logo
BTC
$106,757.82
1.93%
ETH logo
ETH
$3,854.81
1.53%
USDT logo
USDT
$1.0006
0.02%
BNB logo
BNB
$1,086.15
5.14%
XRP logo
XRP
$2.3329
0.76%
SOL logo
SOL
$184.36
1.53%
USDC logo
USDC
$1.0001
0.00%
TRX logo
TRX
$0.3120
1.63%
DOGE logo
DOGE
$0.1862
1.70%
ADA logo
ADA
$0.6287
2.88%
USDE logo
USDE
$0.9997
0.01%
HYPE logo
HYPE
$34.89
5.72%
LINK logo
LINK
$16.72
4.13%
XLM logo
XLM
$0.3106
0.69%
BCH logo
BCH
$474.26
6.42%
SUI logo
SUI
$2.4414
3.71%
LEO logo
LEO
$9.5022
1.33%
WBT logo
WBT
$40.68
1.86%
AVAX logo
AVAX
$19.94
3.88%
HBAR logo
HBAR
$0.1636
4.43%
BTC logo
BTC
$106,757.82
1.93%
ETH logo
ETH
$3,854.81
1.53%
USDT logo
USDT
$1.0006
0.02%
BNB logo
BNB
$1,086.15
5.14%
XRP logo
XRP
$2.3329
0.76%
SOL logo
SOL
$184.36
1.53%
USDC logo
USDC
$1.0001
0.00%
TRX logo
TRX
$0.3120
1.63%
DOGE logo
DOGE
$0.1862
1.70%
ADA logo
ADA
$0.6287
2.88%
USDE logo
USDE
$0.9997
0.01%
HYPE logo
HYPE
$34.89
5.72%
LINK logo
LINK
$16.72
4.13%
XLM logo
XLM
$0.3106
0.69%
BCH logo
BCH
$474.26
6.42%
SUI logo
SUI
$2.4414
3.71%
LEO logo
LEO
$9.5022
1.33%
WBT logo
WBT
$40.68
1.86%
AVAX logo
AVAX
$19.94
3.88%
HBAR logo
HBAR
$0.1636
4.43%
Finance
Share this article

BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge

The cryptocurrency’s volatility remains elevated relative to stock indices.

By Will Canny
Updated May 11, 2023, 7:18 p.m. Published Feb 9, 2022, 11:07 a.m.
Bitcoin is seen more as a risk asset than an inflation hedge. (Sean Benesh/Unsplash)
Bitcoin is seen more as a risk asset than an inflation hedge. (Sean Benesh/Unsplash)