: Since inflation (both in the US and worldwide) keeps rising with high rates, why do deflationary assets like BTC and ETH stay the same in price / dump?
In: 1
Because crypto is an asset with no real intrinsic value. No one actually wants a bitcoin for themselves, they just want a bitcoin in the hope they can sell them to someone else for a higher price later.
And people are realizing that, it doesn’t have to do with inflation, it has to do with it basically being speculating.
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