Is the recent decline of the US Dollar a sign of a perfect storm brewing for a crypto bull run? Today we explore the potential implications of a weakening dollar on the crypto market.
Kyle Reidhead breaks down the key indicators that suggest the US can't let the economy collapse. From government interest payments to pension funds, we'll examine the three main indicators that could be pointing to a significant upside for crypto.
You'll learn:
• What is the DXY and how does it impact the crypto market?
• How a weakening dollar and dropping interest rates could lead to a surge in crypto investments
• The three key indicators that suggest the US can't let the economy collapse.
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⏱ TIME POINTS ⏱
00:00 - Intro
00:57 - GAIN by Kelp
02:05 - What's happening with the US Dollar?
04:18 - DXY vs Crypto Total Market Cap
07:44 - Unpacking the US economy's warning signs
09:13 - Is there recession looming?
17:20 - Navigating the next few months