Looming US Interest-Rate Hikes Continue to Shake Up Global Markets; Gold Dips as Dollar Strengthens: Markets Wrap

“(We) believe that the FED is only making the case for bitcoin stronger, as it doesn’t seem they’ve implemented any systems to curb inflation. This strengthens the idea behind a monetary system that can’t print dollars at will; the US has printed almost 25% of all circulating dollars in the last 16 months,” Michael Rabkin, head of institutional sales and global partnerships at DV Chain, wrote in a note to Blockworks.


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