Bitcoin is billed as a deflationary asset, unlike the US dollar. So, why is it slumping just as inflation is going up?
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BTC/USD$ 97,597.15 1.09%
ETH/USD$ 3,343.38 3.06%
USDT/USD$ 1.00 0.03%
SOL/USD$ 250.21 3.52%
BNB/USD$ 655.13 1.10%
XRP/USD$ 1.38 7.96%
DOGE/USD$ 0.419283 6.85%
USDC/USD$ 1.00 0.06%
ADA/USD$ 0.991768 9.20%
STETH/USD$ 3,343.99 2.89%
TRX/USD$ 0.207761 3.54%
AVAX/USD$ 41.11 3.62%
TON/USD$ 6.07 6.24%
XLM/USD$ 0.512629 7.89%
SHIB/USD$ 0.000025 7.45%
WSTETH/USD$ 3,961.18 2.80%
WBTC/USD$ 97,408.10 0.75%
DOT/USD$ 8.57 8.43%
LINK/USD$ 17.59 2.02%
BCH/USD$ 504.36 3.10%
WETH/USD$ 3,348.33 2.88%
SUI/USD$ 3.34 6.01%
NEAR/USD$ 6.97 7.85%
PEPE/USD$ 0.00002 6.39%
LEO/USD$ 8.63 0.29%
LTC/USD$ 95.48 6.27%
UNI/USD$ 10.75 2.27%
APT/USD$ 12.08 8.97%
WEETH/USD$ 3,517.30 3.13%
HBAR/USD$ 0.140779 10.34%
ICP/USD$ 11.27 4.66%
USDS/USD$ 0.99843 0.25%
CRO/USD$ 0.185447 8.14%
POL/USD$ 0.553034 6.19%
ETC/USD$ 28.19 6.93%
RENDER/USD$ 7.96 0.53%
FET/USD$ 1.52 2.40%
TAO/USD$ 530.04 1.26%
USDE/USD$ 1.00 0.00%
KAS/USD$ 0.150072 3.83%
WBT/USD$ 24.42 1.51%
VET/USD$ 0.042973 2.17%
DAI/USD$ 1.00 0.10%
BONK/USD$ 0.000046 6.76%
ARB/USD$ 0.837886 5.46%
STX/USD$ 2.23 4.88%
FIL/USD$ 5.49 5.24%
ATOM/USD$ 8.37 8.97%
TIA/USD$ 7.61 3.24%
OKB/USD$ 54.26 4.99%