📈 Weak Dollar "Boost" Not Only for Stocks but Also for Crypto?
According to Michael Wilson, Chief U.S. Equity Strategist at Morgan Stanley, the weakening of the USD will:
👉Strongly support U.S. corporate profits.
👉Increase global competitiveness for U.S. goods and services.
👉Help U.S. stocks outperform the rest of the world.
🌎 But it's not just stocks that benefit.
When the USD weakens, global investors often turn to decentralized assets like Bitcoin (BTC), Ethereum (ETH), and stablecoins to preserve asset value.
The reasons:
👉The USD depreciates → demand for scarce assets like Bitcoin increases.
👉Digital assets with fixed or deflationary supply (like BTC halving) will become even more attractive.
🚀 Crypto may enter a "double acceleration" phase:
👉On one hand, benefiting from inflation hedging sentiment.
👉On the other hand, receiving cash flow as investors seek higher returns beyond traditional markets.
📌 Source: Bloomberg: Weak Dollar Backs Case for Buying US Stocks, Morgan Stanley Says