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Falling DXY part of US financial system’s ‘long-term transition’ — Will Bitcoin continue to shine?

May 8, 2025 admin

One analyst says a weak US dollar is part of a plan to fix the US financial system. Will Bitcoin benefit from a weaker DXY?

What to know:

Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system.

Bitcoin and gold are well-positioned to benefit from de-dollarization.

Read more

  • Trump-backed USD1 is now the seventh-largest stablecoin worldwide
  • Coinbase to acquire options trading platform Deribit for $2.9B

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