Bitcoin Resilient as Commodity Prices Inflate, Dollar Strength May Hurt

0
47



Bitcoin trades were steady as commodity prices rallied on Monday, hinting at higher inflation ahead. However, the resilience to the escalating Ukraine-Russia crisis may prove fleeting as demand for the U.S. dollar, the global reserve currency and one of the most liquid asset globally, is rising.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here