The announcement by OPEC+ to slash output by 1.16 million barrels per day 'definitely increases the chances that inflation could actually spark higher,' CoinbaseInsto's David Duong says. It 'presents a macro opportunity for bitcoin.' Watch more:
Coinbase said in a research report that the crypto markets have displayed resilience in the face of the recent upheaval in the U.S. banking system, with bitcoin in particular outperforming.
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