Why is Bitcoin Cash a problem?

[{"selector":"#anim-0bd92f7f-4651-4e89-8c40-0c45e1d486ca [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-48.40703405343671%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Why is Bitcoin Cash a problem?

[{"selector":"#anim-38cf4343-bb1a-411f-a47a-0d659a951d4a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.925033264816047%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Following the release of August CPI statistics showing greater inflation, Bitcoin Cash (CRYPTO: BCH) was down 7.04% at $119.80 on Tuesday.

[{"selector":"#anim-df6a5a38-25f3-4489-8a88-5c6ab39fe577 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Investors are growing more risk-averse as a result, and it is more likely that the Fed will continue to tighten policy in order to fight inflation.

[{"selector":"#anim-08245183-0b8a-4abe-8bf8-190f2f377910 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Cryptocurrencies are viewed by some investors as a speculative inflation hedge,

[{"selector":"#anim-f2e1f5ec-2b98-4682-8750-1b434b71ddcf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.74910490725541%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Consequently, the Fed's efforts to lower inflation may negatively affect the cryptocurrency market as a whole.

[{"selector":"#anim-4e532ec3-fe46-4c1c-b6de-c78e5d32cc4f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.24612343065349%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] According to American statistics. The BLS reports that the annual rate of inflation slowed from 8.5% in July to 8.3% in August.

[{"selector":"#anim-b6ce5143-9503-4187-b791-3986b40a80bc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-57.408731933975254%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The Consumer Price Index for August was higher than the 8% forecast by the majority of economists.

[{"selector":"#anim-86ffeda0-cf21-4c68-9029-e4e511800e8e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] August saw a 6.3% increase in "core" inflation (inflation excluding food and energy), which was higher than the 6.1% growth that professional forecasters had predicted would occur.