US Dollar
El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar
El Salvador seeks to be the first country to adopt bitcoin as legal tender. Responding to Salvadorans fearful of a full pivot to a bitcoin standard, El Salvador’s Secretary of Commerce and Investments, Miguel Kattán, announced bitcoin would not replace the U.S. dollar.
Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
Does the Rise of Bitcoin Signal the Decline of the Dollar?
As bitcoin’s valuation soars, some in the crypto world believe the U.S. dollar is on the decline, but Marc Chandler, of Bannockburn Global Forex, disagrees. Chandler explains his position in the crypto vs. fiat debate, why he sees crypto as “private fiat,” and how CBDCs will change the crypto ecosystem.
Will Bitcoin Replace the Dollar as the Global Reserve Currency?
A Washington Post op-ed says that bitcoin is unlikely to ever dethrone the dollar as the world's global reserve currency, citing the asset's volatility and limited supply. "The Hash" panel debates.
Investment Strategists On Bitcoin’s Anticipated Move to $50K
Lyn Alden, Founder of Lyn Alden Investment Strategy discusses what to look for as we approach bitcoin’s possible rise to $50K, also touching on the topics of gold, dollar weakness, and DeFi.
Bullish Bitcoin Fundamentals Point to Renewed Price Rally Ahead
Analysts cautioned that a stronger dollar could play spoilsport to any new push higher.
Bitcoin's Big Drop Again Coincides With Dollar Bounce in Forex Markets
Bitcoin's crash Monday came alongside a bounce in the Dollar Index.
Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin's Continued Rally
A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.
Bitcoin Posts Biggest Monthly Price Loss Since March
Bitcoin faced selling pressure in September as the U.S. dollar rose against major currencies for the first time in six months.
