The US dollar DXY we talked about last time has finally broken through, falling below the 98 mark for the first time since March 2022, dropping over 1% during the day.
Remember when USDT was devalued and unpegged due to FUD, and risk-averse funds went to pull up BTC? Now that the USD has truly devalued, are risk-averse funds finally starting to shift from gold to BTC?
The good news is that the speed of CNY's devaluation is even faster? So CNY/USD has effectively not devalued?
