$BTC $BTC The price of Bitcoin has seen a rapid increase during Asian trading sessions, jumping from $95,000 to $97,000, and surpassing the $100,000 mark, driven by its increasing role as a safe haven amid challenges of **stagflation** (a combination of rampant inflation and weak growth). Bitcoin is characterized by a limited supply that enhances its appeal in an economic environment where central banks are hesitant to raise interest rates to maintain growth.
In this context, investors are looking to reduce their reliance on high-risk traditional assets in favor of hedging instruments that are not tied to their performance, as Bitcoin is seen - despite its volatility - as a global alternative, especially with bonds failing to provide real returns.
