The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting.
Bove Says Dollar’s Dominance Challenges Include Cryptocurrency
The noted says a possible end to U.S. dollar-ruled financial system “frightening, yet the probability is quite high.”
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
The dollar index dropped to it’s lowest level since May 2018.
Bitcoin Garners New Users as Governments Flood World With Fiat
Thousands of new users are turning to bitcoin, according to Kraken and other exchanges, over fears that government stimulus will lead to inflation.
Geopolitical Crisis May Benefit Oil, Gold and CBDCs, Not Bitcoin
Demand for gold is skyrocketing and the clamor for scarce assets in a remote-first world was precisely where bitcoin was supposed to shine. But it’s complicated.
UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.