Bitcoin Inflation Fears (Jerome Powell To DUMP Crypto?)

by | Mar 11, 2023 | Invest During Inflation | 21 comments




How the Fed’s decisions are affecting the crypto market and more on SBF and his involvement with the crypto crash of 2022. In today’s show, we discuss the cryptocurrency markets and the latest crypto news. We’ll also analyze the price of Bitcoin, Ethereum, and the top altcoins so you can make the best investment and trading decisions.

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Bitcoin Inflation Fears (Jerome Powell To DUMP Crypto?)

Bitcoin, the world’s leading cryptocurrency, has had an impressive run in recent months. Its value has risen by over 300% since October 2020, making it one of the best performing assets of the year. However, recent events have raised concerns about the future of the digital currency.

Inflation fears have been at the forefront of investors’ minds, and many believe that Bitcoin’s recent price increases have been driven by inflation concerns rather than genuine market demand. This has led to speculation that US Federal Reserve Chair, Jerome Powell, may seek to dump Bitcoin in an attempt to control inflation.

The US dollar has been weakened by the COVID-19 pandemic, which has led to a massive increase in government spending to support economies. The Federal Reserve has been buying bonds to keep interest rates low, which has led to a large increase in the money supply. This is likely to cause inflation in the long term, and investors are looking for alternative assets that will retain their value during times of economic uncertainty.

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Many investors have turned to Bitcoin as a safe haven asset during these uncertain times. The digital currency is decentralized, meaning it is not controlled by any one financial institution, and it operates independently of the traditional banking system. This makes it an attractive option for those seeking to preserve their wealth.

However, the recent price increases in Bitcoin have raised concerns that it may be in a bubble, and that its value is not sustainable. Some experts believe that the recent rise in Bitcoin’s price has been driven by speculation rather than genuine market demand.

This has led to fears that Jerome Powell and the Federal Reserve may seek to dump Bitcoin in an attempt to control inflation. If this were to happen, it would likely cause a significant drop in the value of Bitcoin, potentially leading to a crash in the cryptocurrency market.

While inflation remains a concern for investors, it is important to remember that Bitcoin is still a relatively new asset that is subject to high levels of volatility. It is essential for investors to exercise caution when investing in Bitcoin, and to recognize that its value can fluctuate rapidly.

In conclusion, while there are certainly inflation fears surrounding Bitcoin, it remains an attractive option for those seeking to preserve their wealth during times of economic uncertainty. However, investors must exercise caution and be prepared for the possibility of significant market fluctuations. As for Jerome Powell and the Federal Reserve, only time will tell whether they will make moves to dump Bitcoin or embrace it as a legitimate asset class.

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21 Comments

  1. Crypto King

    The change you are looking for won't come from man. It will come from Jehovah.

  2. Vadim Checkorsky

    You sold FNFT that contains locked tokens and you didn't touched underlying asset. The guy who gets that FNFT cannot touch it till it unlocks either. He is stuck with the same terms that you got. You're paid less than they're worth, but you get money now. resonate finance

  3. Brian March

    Down with celcius

  4. Harry Nute

    Why are hedera people so lacking in enthusiasm?

  5. User26

    TJ adds value to the show. Not much to say about Drew. Drew's more like a parrot. TJ challenges Ben.

  6. Daelan Dunn

    Crow have you looked at crust network

  7. bigwick crypto

    "Kicking the can down the road" is correct policy during a population explosion, it's like a mortgage a decade down the track it's much easier to pay off in fact the debt becomes laughably small and this is the story of the rise to 9 billion souls. Naturally this type of economy which we have enjoyed since the beginning of last century will all end in around 27 years time about 2050 when population growth stalls and then declines. Be out of property before 2045 then begin your DCA into Gold, natural Emeralds, Rubies, colored diamonds and food stocks/companies.

  8. Magnum

    Four minutes before the actual clip starts you are just milking at you. Talk too much crap throughout the video just to get the video along go so you make more money

  9. ExFed Man

    Great show today! Thanks guys!

  10. Jarrod

    Shirt looks great for nerds

  11. German Olan

    Hell no to career politicians

  12. LoveStateLive

    Indicators don't move markets lol You guys should probably figure out how to actually trade at some point.

  13. CrimZn Cipriano

    Coinledger is great to do your taxes I did it previous year and it's so easy.

  14. RGaming81

    Crypto market is like looking at onions, you just wanna cry.

  15. Ricardo M Rodriguez

    Have TradingView Pro. How do I gain access to the indicators used by Frankie Candles in the chart?

  16. Joe Gut

    You were comparing flds to Lds. Totally different. Warren Jeff was flds which is a cult.

  17. Fud & Fomo

    Career politicians are part of the reason why more good people don't run for office

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