Bitcoin and Gold Rise as Dollar Weakens

[lingriiddd]

As the U.S. dollar heads for its worst year since 1973, investment analysts are turning to hard assets. The Kobeissi Letter reports the dollar is down 10% YTD and has lost 40% of purchasing power since 2000. Gromen argues that Bitcoin and gold will keep climbing as individuals seek to preserve wealth. Stablecoins, he added, are only a temporary fix: “They don’t solve the core issue — currency debasement.”

[Nahid10]

The inverse correlation between Bitcoin and the U.S. Dollar remains strong during macro uncertainty.

[EmTeam]

As the dollar retreats, both gold and BTC are regaining their appeal as alternative safe-haven assets.