Crypto Faces Major Challenges as the Dollar Wrecking Ball Threatens Market Stability and Investor Confidence
On January 14, Julien Bittel, Head of Macro Research at Global Macro Investor, raised concerns about the rising strength of the dollar and its effects on financial markets, including cryptocurrencies. He describes the strengthening dollar as a “wrecking ball,” tightening financial conditions and impacting the U.S economy. Despite the expectation of minimal interest rate cuts ...