June 25 (Cointime) - The impact of the cost of capital attributed to the US dollar extends to all tradeable markets, including Bitcoin and Ether. A global shortage of US dollars could occur if the US government defaults on its debt, leading to a lack of interest debt payments. Cryptocurrencies have historically acted as a hedge during periods of uncertainty.
The recent decoupling of Bitcoin from the US Treasury's yield inverse correlation may not quickly revert due to expectations of an economic crisis and recession. Readers should conduct their own research before making investment or trading decisions, and this article is for general information purposes only and does not constitute legal or investment advice.
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