US President Trump administration, the expectation that a weaker dollar policy will follow, causes remarkable developments in the crypto asset market. The report argues that this policy change can have positive effects on crypto beings.
Weakening of the dollar
The mobility in the markets increased especially after the stopping of tariffs. The US administration is expected to signal in the policies to be implemented in international trade. These developments created uncertainty on global monetary policy and led to investors to search for alternative assets.
The report prepared by Bitwise emphasized that there was an inverse relationship between Bitcoin and the US Dollar Index in the last five years. When the dollar weakened, the value of crypto beings was reported to be observed. This led to expectations that a similar course could be followed in the short term.
Bitcoin and global reserve assets
In the long run, the distance of the dollar from the reserve money status can prepare the ground for the place of new alternative assets in the global economic system. The report stated that hard coins such as crypto beings and gold could come to the forefront between reserve assets.
Matt Hougan, who shared his views on tariff practices, said, im I am sure that the Trump administration wants a significant weak dollar ”.
Bitwise claimed that the BTC could be $ 200,000 for the end of the year in the light of current market data. This statement was taken as a reference in the evaluation of the current market situation. The report states that the change of global macroeconomic order can increase the importance of alternative reserve assets. Investors can tend to diversify their portfolios in the light of these developments.
The news reveals that the relationship between global monetary policy and digital assets should be re -evaluated. Market observers say that digital assets may play a more prominent role in the long run if the dollar weakens.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
