Bitcoin traders brace for Fed's rate call and inflation this week

Bitcoin is failing the inflation hedge test. The reality is that only a stable market with low inflation makes crypto palatable. With headline inflation at 4.1% and a 33.7% chance of a Fed rate hike this week, traders are fleeing to safety. If oil prices spike back over $100 due to U.S.-Iran tensions, the "risk asset" label will continue to crush the market. Is Bitcoin actually useless during periods of high inflation, or are we just waiting for a pivot? What’s your take?
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