Saudi Arabia refuses to renew the petrodollar agreement, the global financial market may usher in a huge change, and cryptocurrencies and gold become safe havens?
Recently, the 50-year-long petrodollar agreement between Saudi Arabia and the United States may come to an end. This heavy news is like a depth bomb, which has caused an uproar in the global financial market. If this agreement really fails, the stability of stablecoins such as USDT and USDC may be severely tested, and the market may fluctuate greatly.
In today's global economic integration, the impact of this incident is far more than between the two countries. Many analysts believe that this will be a major redrawing of the global economic landscape and pose a severe challenge to the stability of the global financial market. Faced with this uncertainty, investors have begun to look for safe havens, and cryptocurrencies such as Bitcoin and traditional safe-haven assets such as gold and silver have become their first choice.
In particular, China's recent large-scale purchases in the gold market have attracted widespread attention from the market. This move seems to indicate that China is making full preparations for a possible financial storm. At the same time, the reaction of the American public opinion to this matter is also extremely intense. They are worried that this incident will trigger a series of chain reactions and cause immeasurable losses to the global economy.
However, some experts also pointed out that the conversion of transactions between countries is not achieved overnight, and its impact takes time to gradually emerge. Therefore, we don't have to panic too much, but should calmly observe market changes and look for investment opportunities.
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