The recent setbacks in the crypto industry may not mean the end of crypto and Bitcoin, according to investment executives at Paris-based asset manager Amundi.
Despite BTC failing to protect investors against rising inflation in 2021 and 2022, Bitcoin’s limited supply may still attract more attention if inflation remains above the central banks’ targets, according to investment executives at Paris-based investment manager Amundi.released
According to the paper’s authors, nominal interest rates are likely to stop surging or may even fall in case the inflation is high, but not rising. Such a situation would potentially lead to a bull market for Bitcoin, Amundi investment execs said, stating:
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