China Looks to Crackdown on Cryptocurrency Mining

The transcript discusses the recent volatility in Bitcoin prices, largely influenced by news from China about restrictions on financial institutions and mining. It highlights the continuous trading of cryptocurrencies over weekends, which can lead to increased volatility due to lighter trading volumes. The discussion also covers the potential future volatility of Bitcoin and its impact on the broader market, including stocks and bonds. The correlation between Bitcoin and other risk assets like equities is examined, questioning its role as a hedge against market volatility. Finally, the transcript explores Bitcoin's reaction to inflation and the evolving perception of its price movements.

What correlations have been observed between Bitcoin and other risk assets?

In what ways is Bitcoin viewed as a hedge against inflation?