“The Fed is trying to take down inflation, but the side effect is an incredibly strong dollar, which is importing our inflation around the word,” said TheoTrade chief market strategist Don Kaufman in this CoinDesk TV interview. Don appeared on the “All About Bitcoin” show to discuss inflation, the turmoil at Credit Suisse, and the prospects for Bitcoin in the coming months.
Don reiterated that he expects more volatility ahead for Bitcoin, taking it down to around 13,000 by the end of the year.