Crypto vs. the Rising Dollar … What’s Next?

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Crypto vs. the Rising Dollar … What’s Next?

Lately crypto has been consolidating while the US Dollar continues to climb, reaching levels we haven’t seen in months.

A strong dollar can create short-term pressure on Bitcoin and Ethereum, but it also attracts institutional capital since crypto is still seen as a hedge against inflation, which could boost demand over the medium term.

At the same time, a rising dollar makes crypto more expensive for international buyers, and some long-term holders are taking profits, adding potential volatility. Short-term traders should watch for dips, but long-term hodlers still have reason to stay bullish.

How do you see it, right now we have a solid bounce … how long will it continue?

Bhanuka Harischandra Asked question
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