“… every freefall of the dollar has significant advantage to tangible assets”
The U.S. Dollar ($) is dumping hard following ‘Fed’ rate signals and rumor are spreading that the YEN is intervening and making impact on the market. Currently the IMF is officially stress-testing, which is there might be unthinkable scenario where there will be sudden mass exist from the dollar bill.
According to Kristalina Gorgieva, the global financial risk and policy uncertainty are increasing rising and investors are bracing up for any possible shakeup in USD trust. This literally mean that as the dollar is weakening, owners of assets are standing by to gain big in the most unlikely manner.
Crypto, led by $BTC as a digital gold is perfectly position to soak up capital fleeing the dollar. Alternative assets are now safe haven for major investors. But the big question is, is the throne still vacant for crypto to rule?
Stay Alert!