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Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P

Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.

Updated Jan 24, 2024, 12:33 a.m. Published May 10, 2023, 8:46 a.m.
Cryptocurrencies could in theory offer protection against inflation. (stevepb/Pixabay)
Cryptocurrencies could in theory offer protection against inflation. (stevepb/Pixabay)