{"id":298663,"date":"2021-07-14T14:57:09","date_gmt":"2021-07-14T11:57:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-community-divided-on-whether-bitcoin-is-an-inflation-hedge\/"},"modified":"2021-07-14T14:57:09","modified_gmt":"2021-07-14T11:57:09","slug":"crypto-community-divided-on-whether-bitcoin-is-an-inflation-hedge","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-community-divided-on-whether-bitcoin-is-an-inflation-hedge\/","title":{"rendered":"# Crypto community divided on whether Bitcoin is an inflation hedge"},"content":{"rendered":"

“# Crypto community divided on whether Bitcoin is an inflation hedge <\/strong>”
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Amid a massive spike of the United States\u2019 Consumer Price Index (CPI), the cryptocurrency community has divided on whether Bitcoin (BTC) is really a hedge to inflation.<\/p>\n

The CPI, an indicator measuring the average change in prices that consumers pay for a basket of goods and services, saw its largest one-month increase in June over the past 13 years, Business Insider reported<\/a> Tuesday. The inflation surge reportedly started<\/a> in March, when CPI rose by 2.6%, followed by subsequent increases in April of 4.2% and eventually 5.4% in June.<\/p>\n

But despite the recent growth in CPI-measured inflation, Bitcoin has allegedly failed as an inflation hedge as its price has almost halved from $64,000 in mid-April, according to some analysts.<\/p>\n

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Interesting that as CPI #inflation<\/a> has climbed from +1.4% y\/y in January to 5.4% in June, #Bitcoin<\/a> has essentially been cut in half
[Past performance is no guarantee of future results] pic.twitter.com\/QIXeb2m5Vv<\/a><\/p>\n

\u2014 Liz Ann Sonders (@LizAnnSonders) July 13, 2021<\/a><\/p><\/blockquote>\n