Bitcoin bulls have long claimed the cryptocurrency is an inflation hedge. But recent price swings have challenged that idea. (BTC-USD)
6:16am PDT - May 15th, 2021 btc - Business InsiderSummary List PlacementFears of rising inflation came to a head on Wednesday when key data came in significantly higher than economists expected. Bitcoin, touted by some of its biggest supporters as an inflation hedge — because it has a finite supply, unlike t…