Bitcoin breaks through $80k, potentially transforming into an inflation hedge asset

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CryptoWorld News: Bitcoin (BTC) is currently priced at $80,830.47. It has risen 19% over the past month, and it broke through the $80,000 mark for the first time on Monday. This upward trend mirrors high oil prices and the Bloomberg Commodity Futures Index reaching its highest level in a decade, suggesting that inflationary pressures are increasing. Although rising inflation would typically lead the Federal Reserve to keep interest rates high—thereby putting pressure on Bitcoin—Bitcoin has not followed this logic this time. Analysts said market signals have diverged: commodity prices reflect supply-side pressure, while risk assets continue to climb. Continued net inflows into Bitcoin ETFs also indicate that investors’ views of Bitcoin as an inflation hedge are changing. Since March, 11 Bitcoin ETFs listed in the U.S. have raised $4.45 billion in investment capital, nearly reversing the massive outflows from last autumn. Analyst Ryan Lee said digital assets are increasingly being seen as a hedge tool alongside gold.

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