Cryptocurrency Market Update: Is Bitcoin and Altcoins Attempting Recovery?

[Shariar Porosh]

Cryptocurrency Market Update: Is Bitcoin and Altcoins Attempting Recovery?




Bitcoin and Nasdaq 100 have been clobbered in 2022 as both are down about 15% but in the same period, gold has risen about 10%. This shows that in high inflation, rising rate environment, investors have shunned assets perceived as risky and are sticking to gold, which is a proven inflation hedge.

Bitcoin and major altcoins are giving the signal for recovery. Is this a good time to start buying or should one sell the rallies?

#Bitcoin #Inflation #Investors #CNBC #LFG #Wallet #altcoins #Crypto #Cryptocurrency #CryptonaireWeekly #platinumcryptoacademy