United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. For example, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase executive recently paid out $1.5 million to settle a Twitter wager about possible hyperinflation in the American economy. The U.S. may not be experiencing hyperinflation, but the possibility of prices going out of control seems to concern the Federal Reserve. The Fed raised interest rates by a quarter-point on May 3 — to the highest level in 16 years — pushing the target range for its benchmark from 5% to 5.25%. As inflation pressures continue, Bitcoin is still behaving as a safe haven, with crypto firms weighing on the digital currency to fight back inflation and turmoil in mainstream finance. This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace. | 
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