Bitcoin Slumps 60% From 2021 High But Seen as Inflation Hedge Amid Fed Money Printing
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Bitcoin price has lost 60% from its 2021 peak, wiping out $2 trillion from crypto market.
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Analysts warn Fed may be forced to restart money printing, collapsing USD and fueling a bitcoin boom.
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Bitcoin seen as a "critical hedge" against dollar inflation and Fed balance sheet expansion.
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Institutional interest in bitcoin rising, led by BlackRock.
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Bitcoin now an "alternative store of value to gold" according to BlackRock CEO Larry Fink.