📉 A dollar in free fall: the perfect backdrop for the rise of BTC
The US dollar has fallen to its lowest level in three years, a fact that, far from going unnoticed, has driven the value of Bitcoin to approach its all-time high.
According to data from the DXY (Dollar Index), inflationary pressure, growing fiscal deficits, and expansive monetary policies have eroded confidence in the dollar. This has led to a migration towards perceived 'hard' assets, including Bitcoin.
"We are witnessing a structural dislocation of the dollar as a store of value. Bitcoin is ready to take on that role,"
stated Lyn Alden, macroeconomic analyst and founder of Lyn Alden Investment Strategy.
🪙 Bitcoin: a new standard of financial security?
The appeal of Bitcoin is not just speculative. Today it is shaping up as a legitimate refuge against systemic risk, attracting both retail and institutional investors.
Michael Saylor, president of MicroStrategy, has not hesitated to state:
"Every time the dollar loses ground, Bitcoin gains. It is the largest transfer of monetary power of our era."
As the dollar dilutes, institutional purchases of BTC — by firms like BlackRock, Fidelity, and Tesla — have marked an irreversible trend.
📊 BTC near its ATH: paradigm shift or simple mirage?
The leading cryptocurrency is less than 8% away from reaching its all-time high of ~$73,800 USD. Its inverse correlation with the dollar is solidifying, and analysts see this as a symptom of the new decentralized financial order.
"Bitcoin is becoming the perfect hedge against global fiscal fragility,"
declared Raoul Pal, former Goldman Sachs executive and CEO of Real Vision.
