Crypto on the edge - Inflation Jitters, Evergrande Wobbles

Markets are on the edge, torn in opposite directions by two big news events. Inflation hit 6.2% hitting earners and shoppers in their wallets. In response, Bitcoin was poised to smash through $69,420 before Evergrande headlines spoiled the party. Why you should listen: Bitcoin got tantalizingly close to the mythical $69,420 level today as investors continue to seek exposure to Bitcoin to hedge against inflation. However, news that Evergrande may default on its next interest loan payments sent all global markets into a spin. Supporting links: Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.