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Falling DXY part of US financial system’s ‘long-term transition’ — Will Bitcoin continue to shine?

cryptoweekly by cryptoweekly
May 7, 2025
in Altcoins, News
0

One analyst says a weak US dollar is part of a plan to fix the US financial system. Will Bitcoin benefit from a weaker DXY?

What to know:

Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system.

Bitcoin and gold are well-positioned to benefit from de-dollarization.

Read more

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Recent Posts
  • Argentina's Milei shuts down task force investigating LIBRA scandal
  • SEC crypto task force to release first report 'in the next few months'
  • Validation Cloud deploys Web3 AI engine on Hedera
  • The crypto market values chains more than standalone applications
  • Senate stablecoin vote splits Democrats amid concerns over corruption
  • NBA star Tristan Thompson misses $32B in Bitcoin by taking $82M contract in cash
  • German gov’t missed out on $2.3B profit after selling Bitcoin at $57K

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