As the title says, it annoys me that bitcoin is following the nasdaq. Because Bitcoin and other cryptos are supposed to be a hedge against the stock markets corrections. But bitcoin basically follows the stock market. And if a recession happens I want to be making money on crypto so that I doesnโt have to worry about a recession or inflation. I hope it will change in the future so that Bitcoin becomes a digital gold that can be used to hedge against stock market corrections and recessions.
Does anyone agree with me on this or am I delusional for thinking that crypto should have been the ultimate hedge against inflation and recessions.
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