Bad News For Bitcoin and Crypto? The Dollar May Rise Again
2 years ago
2
Bad News For Bitcoin and Crypto? The Dollar May Rise Again
The US dollar (USD) has endured quite a correction in recent weeks. The world reserve currency has fallen by about 8% against the euro. But in the meantime, the war in Ukraine is still not over, the economic situation worldwide is dire and there is a lot of uncertainty in crypto land after the problems with crypto exchanges. The dollar has also started to rise again against the euro today. For investors in cryptocurrencies, this may be the key question: has the dollar topped, or will it continue to rise?
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