Different stat. That's trading volume, not value. If we send $1 back and forth 1 trillion times, that's a trillion in volume, even tho it was just the same dollar sloshing around.
But yes, crypto prices do reflect inflation, they are marketed as inflation resistant assets for this reason.
Different stat. That's trading volume, not value. If we send $1 back and forth 1 trillion times, that's a trillion in volume, even tho it was just the same dollar sloshing around.
But yes, crypto prices do reflect inflation, they are marketed as inflation resistant assets for this reason.