<ul data-eligibleForWebStory="true"><li>Australia's Consumer Price Index hitting 4.2% caused the Australian dollar to lose value, leading to a surge in Bitcoin's price against the AUD, reaching approximately A$115,000.</li><li>A Melbourne retiree named Sarah turned to Bitcoin as an alternative investment to preserve wealth amid rising inflation, observing BTC's appreciation in AUD terms despite fluctuations.</li><li>Bitcoin's capped supply and increasing demand have propelled its price in AUD, touching A$115,000, with local exchanges witnessing heightened trading volumes as a hedge against inflation.</li><li>Bitcoin's role as an inflation hedge is debated, given its volatility, but its scarcity model is viewed as a counter to monetary inflation, making BTC/AUD a watched indicator for real-time inflation cues.</li></ul>

AUD Inflation Hedge: Bitcoin’s Performance During Currency Devaluation

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