Viewpoint: Inflation is no longer a key factor affecting Bitcoin prices

ChainCatcher news, according to CoinDesk, NYDIG's Global Research Director Greg Cipolaro stated that Bitcoin has long been referred to as "digital gold" and is often promoted as an inflation hedge like precious metals.

However, this claim is actually unfounded. Inflation is not a key factor affecting Bitcoin's price. In fact, in recent years, the inverse relationship between Bitcoin and real interest rates has strengthened, and it has evolved into a liquidity barometer, becoming an indicator of global liquidity.