Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitwise European Research Director: Bitcoin and gold are expected to benefit from the weakening of the US dollar and the reduction of US debt holding

Bitwise European Research Director: Bitcoin and gold are expected to benefit from the weakening of the US dollar and the reduction of US debt holding

CointimeCointime2025/02/14 17:11
By:Cointime

Andre Dragosch, Bitwise's European research director, said that against the background of macroeconomic indicators suggesting a possible shift in the dominance of the US dollar, Bitcoin and gold are attracting market attention. As the largest overseas holders of US debt, China and Japan are reducing their holdings of US Treasuries, causing concerns about the long-term demand for US government bonds. Dragosch revealed that some foreign central banks have inquired with Bitwise in the US about the possibility of shifting some of their US Treasury investments to a physical Bitcoin ETF, and the Czech National Bank is also considering similar measures.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Shibarium Daily Transactions Drop 99%: Details

CryptoNewsNet2025/02/22 14:44

US Officials Allegedly Don’t Know How Much Bitcoin They Hold – Here’s More Allegations of Mismanagement

It is alleged that US authorities do not know the amount of cryptocurrencies they have seized so far and obtained through forks.

Bitcoinsistemi2025/02/22 13:11