NYDIG: Inflation is no longer a key factor affecting Bitcoin prices

Greg Cipolaro, head of global research at NYDIG, said that Bitcoin has long been called "digital gold" and, like precious metals, is often promoted as an inflation hedge. However, this claim is unfounded. Inflation is not the key factor affecting Bitcoin's price. In fact, Bitcoin's inverse relationship with real interest rates has strengthened in recent years, and it has evolved into a liquidity barometer, becoming an indicator of global liquidity. (CoinDesk)