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How Inflation Affects Crypto: What Investors Should Keep In Mind
Inflation occurs when a fiat currency loses value over time, resulting in rising goods and services prices. Even though some economists believe that inflation might be good for the economy to an extent, this might also create an economic crisis. For example, the Indian government has printed more money than what the citizens need for decades, which is why goods are becoming much more expensive than before. Like gold, even Bitcoin also experiences inflation as it is mined. Since the supply of new Bitcoins is automatically reduced by 50 percent every four years, Bitcoin is essentially deflationary.
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Cryptocurrency Price Today: TerraClassicUSD Sees Nearly 45 Percent Gain
Ethereum (ETH), the world’s second-most value crypto coin just after Bitcoin (BTC),...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...