Bitcoin Rises as Dollar Weakens
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The US dollar is on track for its worst year since 1973, losing over 10% YTD and nearly 40% of its purchasing power since 2000.
That collapse in confidence has sent investors rushing into both precious metals and Bitcoin, pushing BTC past $121,000. Analysts at the Kobeissi Letter say this signals a “new era of monetary policy” — one where inflation and currency debasement drive all asset prices higher.