US EditionBitcoin Price Held up by Corporate Adoption and ‘Inflation Hedge’ Narratives
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Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives
Key takeaways:Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears.Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.Stock markets around the world responded positively to the temporary suspension of import tariffs between the United States and the European Union, with the S&P 500 rising 1.5% on May 27. However, concerns over a global economic recession persi…
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