Bill Quigley, Co-Founder of Tether and Wax, explains that Bitcoin is increasingly behaving like a gold hedge against U.S. government inflation, with its correlation to gold rising to 0.71. This shift has contributed to Bitcoin's 35% increase since June lows. He speaks with Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)
Bill Quigley, Co-Founder of Tether and Wax, explains that Bitcoin is increasingly behaving like a gold hedge against U.S. government inflation, with its correlation to gold rising to 0.71. This shift has contributed to Bitcoin's 35% increase since June lows. He speaks with Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)
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