The bad influence of the USA and the dollar on Bitcoin and stablecoins.
The summary highlights how the American crisis affects the crypto market in every way and leads us to loss after loss.
The Economic Crisis in the USA and its Shadow over Bitcoin and stablecoins.
Bitcoin and the cryptocurrency market are under strong pressure, and the blame falls on the economic crisis in the United States.
According to data from the University of Michigan, inflation and American consumer pessimism are on the rise, which decreases interest in investing in risky assets like cryptocurrencies.
This scenario causes investors to flee from more volatile investments, seeking greater security in times of uncertainty.
The situation is worsened by a weak labor market and rising producer inflation, which signals a possible increase in the CPI (Consumer Price Index).
These factors may lead the Federal Reserve to keep interest rates high, contrary to expectations for a cut.
This instability in the American dollar, which serves as the basis for many stablecoins, creates a domino effect: the crisis reflects in the crypto ecosystem, causing volatility and drops in Bitcoin and other altcoins.
The need to dollarize operations and the strong correlation with the American economy show how the health of the dollar and decisions made by the US government are crucial and a terrible influence on the future of Bitcoin and stablecoins.
