#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

Analysts say Bitcoin’s inflation-hedging ability is uncertain in developed economies but more effective in emerging markets. For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically…

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#March retail sales blew past expectations 

#March retail sales blew past expectations 

Retail sales in March surpassed expectations, according to new numbers released by the Commerce Department on Monday. The latest estimates from the Commerce Department show that retail sales in March increased by 0.7 percent — which is more than double the consensus estimates of a 0.3 percent increase for last month. While it surpassed expectations…

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#The world is at war — and America is exhausted  

#The world is at war — and America is exhausted  

Many things are wearing out Americans these days, from security anxieties to real-world conflicts.   German and Dutch authorities just foiled a major attack planned against Jews by Hamas — during a holiday season where many people may be traveling to Europe. News that a 13-year-old allegedly plotted to blow up a synagogue in Ohio…

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#Could a Trump holdover save the Biden presidency?

#Could a Trump holdover save the Biden presidency?

A key holdover from the Trump presidency could give President Biden a huge boost as he seeks reelection. Federal Reserve Chair Jerome Powell looks to be on the cusp of pulling off a “soft landing” of the economy, after inflation roared to a four-decade high last year. The Fed’s series of interest rate increases, which…

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# Why is the crypto market down today?

# Why is the crypto market down today?

The crypto market’s recent drop is due to a normal bull market correction and potential delays in the Spot Bitcoin ETF approval. Price action across the cryptocurrency market is seeing downside in recent days, led by declines in top-ranking cryptocurrencies, Bitcoin (BTC) and Ether (ETH). As of Nov. 15, the crypto market’s net capitalization was…

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