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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.

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)