In the era of global historical inflation, investors are seeking assets that could act as a store of value but wouldn’t cost them a arm and a leg to purchase.
Last year, the global market suffered a significant decline in purchasing power, with UK reporting 41-year-high inflation and US recording a rate that hasn’t been seen in 40 years.
This has birthed the need to embrace asset classes that could hedge against losses in cash value in 2023, and one of such option is cryptocurrency.