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Oil, Inflation, and Fed Risk. Why MicroStrategy Still Wants More Bitcoin Now?

By Lockridge Okoth

MicroStrategy hints at a new Bitcoin buy as oil tops $100 and Fed hike risk rises. Here is what Saylor is betting on. The post Oil, Inflation, and Fed Risk. Why MicroStrategy Still Wants More Bitcoin Now? appeared first on BeInCrypto.

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Federal Reserve

The central bank of the United States, which sets US interest rates and supervises banks.

Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

More about Bitcoin
Inflation

The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.

When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.

More about Inflation

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