Here's what bitcoin bulls are saying as price remains stuck during global rally

It’s no secret that bitcoin (BTC) is currently failing its many narratives, including the claim that it can serve as an inflation hedge or a safe-haven asset amid uncertainty. While gold has climbed more than 80% during this period of high inflation, geopolitical skirmishes, and interest rate uncertainty, bitcoin has dropped 14% year over year. In theory, assets that protect against inflation should rise when the value of money falls. For gold and the rest of the precious metals complex, that theory has ...