More than a year from the start of the pandemic, the unprecedented cash infusion by the Fed hasn’t triggered the inflation-related flight to gold that analysts expected. Instead, Bitcoin’s price and market cap have surged, suggesting that the cryptocurrency is now drawing inflation-hedge dollars which previously ended up in precious metals. Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
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