Because it is the oldest cryptocurrency, Bitcoin (CRYPTO:BTC) has benefited from a first-mover advantage and increasing popularity over time, even though it hasn't been a straight line up and to the right. To be fair, the Federal Reserve has aggressively hiked interest rates to curb inflationary pressures, known as quantitative tightening, and it appears to be working. This means that central banks will likely resume printing money to monetize their huge and growing debt burdens, which lowers fiat currency's value relative to Bitcoin's fixed supply.