Crypto Update 3/7/22 | Why the Market Slump?
Markets Outlook
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Bitcoin - A Store of Value Asset to Hed Against Rising Inflation
Hedge fund nickel digital asset managements latest survey of institutional investors and wealth managers. Three out of four professional investors believe that because there is a finite number of bit coins, the crypto currency is a viable asset to hedge against rising inflation. 78 % of the respondent said bit coins unique supply dynamics would bring more institutional applocation to bit coin. The recently released solidly, a hybrid automated market maker in the defi space, has tumbled by as much as 75 ent on the day.
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