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The Nexus
BUSINESSJun 2 · 16:09 UTCBLOOMBERGVildana Hajric

Bitcoin’s Inflation-Hedging Promise in Tatters After 36% Plunge

Bitcoin's value has plummeted by 36%, undermining its reputation as an inflation-hedging asset. The sharp decline has shattered the cryptocurrency's perceived role in protecting against inflation.

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