Bitcoin sudden rise, Is it good time to invest in 2021?

One of the main reasons for Bitcoin’s growth is rising US dollar inflation. While inflation is 2% a year on average, the latest stimulus investment is expected to raise inflation dramatically and reduce the buying power of the dollar.

The US has contributed nearly $2.4 trillion to the economy with the latest stimulus packages. Many people are afraid that the dollar’s purchasing power and inflation will eventually plummet.

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Many people have withdrawn from the dollar and shielded investmentthat have traditionally retained value or even appreciated their value to protect themselves against the rising inflation. In general, it’s unusual or less risky to convert funds in which people convert dollars to escape inflation or volatile markets. Bitcoin is one such asset.
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