Inflation protection is one of the main uses for Bitcoin. Inflationary pressures may intensify as the Fed lowers rates in an effort to boost the economy.
Decentralized finance (DeFi) is becoming more and more popular as traditional financial systems become more stressed.
Increased speculative investment is frequently the result of market instability. Due to its history of sharp price fluctuations, Bitcoin draws traders and investors hoping to make quick money or simply gain more exposure to volatility.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
