Bitcoin gaining popularity due to weakening dollar, seen as hedge against economic uncertainty
From Cointelegraph
October 7, 2024 6:43:09 PM:
The weakening dollar in America is driving interest in Bitcoin as a potential solution for financial challenges faced by the middle class. Bitcoin’s decentralized nature offers a hedge against inflation and economic uncertainty, attracting more investors looking to diversify their portfolios and protect their wealth. The digital asset’s finite supply and scarcity contribute to its appeal as a store of value and safe haven asset in times of economic turmoil.
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