Bitcoin (BTC) defies inflation playbook, rallies 19%. Here’s what has changed

Bitcoin Bitcoin$80,824.77 The continued rally goes against typical inflationary strategies. This raises the question of whether cryptocurrencies have quietly transitioned from risk assets to inflation hedges. The leading cryptocurrency by market capitalization has gained 19% in just over a month, surpassing $80,000 on Monday for the first time since January. The rebound comes as oil…

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Bitcoin (BTC) defies inflation playbook, rallies 19%. Here’s what has changed

Bitcoin Bitcoin$80,824.77 The continued rally goes against typical inflationary strategies. This raises the question of whether cryptocurrencies have quietly transitioned from risk assets to inflation hedges. The leading cryptocurrency by market capitalization has gained 19% in just over a month, surpassing $80,000 on Monday for the first time since January. The rebound comes as oil…

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Ukraine struck a luxury skyscraper 4 miles from the Kremlin, threatening Moscow’s Victory Day parade

On Monday, an upscale residential building near central Moscow was targeted by a drone. It is one of Ukraine’s deepest attacks on Moscow, which is preparing for a Victory Day military parade. Ukraine often launches such attacks to disrupt military parades, which this year will not feature equipment. A Ukrainian drone struck a luxury high-rise…

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