May 5, 2024

Bitcoin price rise reflects worsening global inflation

Bitcoin price rise reflects worsening global inflation

The high price of Bitcoin confirms the reality of inflation, PayPal co-founder Peter Thiel is sure. OnAt the National Conference on Conservatism on Sunday, Thiel criticized the Fed for insisting on the temporary nature of price increases.

"I'm not sure bitcoin needs to be aggressively bought at $ 60,000. But this certainly shows the current crisis."Thiel said.

According to the billionaire, the Fed does not recognize the problem and supports the theory of the possibility of issuing money without aggravating inflation.

Shortly before that, against the background of a new high in Bitcoin, Thiel said that he had not invested in cryptocurrency enough:

“You just had to buy bitcoin.I assumed that the secret was already known to everyone. Perhaps this is still quite a secret. This is the fairest market in the country and it tells us the regime is ready to collapse. "

Earlier warnings regarding inflation were issued by Elon Musk and Jack Dorsey.

“Hyperinflation will change everything. This is already happening. It will happen soon in the US and around the world. "- wrote Twitter Head Jack Dorsey.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Bitcoin price rise reflects worsening global inflation

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