Analysis Crypto by Thebittimes.Com

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The US Dollar’s collapse warning from Bank of America comes as the dollar actually suffers a dramatic 9% year-to-date decline, which is triggering concerns about currency stability right now. The Bank of America prediction highlights growing global trade uncertainty and also mounting investor anxiety over trade policy impacts. This US Dollar collapse warning reflects broader concerns about de-dollarization trends and potential global financial instability that are being felt across markets. USD/JPY chart showing recent dollar decline – Source: TradingView De-Dollarization Trend Sparks Global Financial Instability Fears Source: Watcher.Guru The de-dollarization trend has actually accelerated as Bank of America reported neutral dollar flows amid global trade uncertainty. This shift represents a significant change from the dollar’s traditional safe-haven status, with real money investors showing mixed sentiment toward the greenback at the time of writing. Bank of America ...

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Shiba Inu (SHIB) is a power-packed cryptocurrency token that has lately been gearing up to take the market by storm. The token is yet to show a comprehensive price surge approach, but irrespective of its current price pace, the speculative regimens are busy predicting a solid price path for SHIB in the near future. Despite basking in a bearish sentiment, the token does have a brighter future, and here are a few reasons that continue to strengthen the SHIB ecosystem, despite the ongoing bear market onslaught. Also Read: Interesting Times For Shiba Inu: Potential 500% Upside, Target $0.00008 3 SHIB Strengths That Bear Market Is Currently Ignoring 1. The Token’s Ecosystem Is Building On Real Value Propositions Source: Analytics Insight For a long time, Shiba Inu has been touted as a meme token, a meme currency that may barely possess a long-term vision. But that narrative changed after SHIB’s 2021 price rally, which gave birth to millionaires in its wake. The Shiba Inu ecosystem has ...

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The cryptocurrency market is experiencing one of its most significant rallies in recent times. Bitcoin (BTC) has climbed to a new all-time high, breaching the $118,000 level for the first time in its history. Other assets seem to be following BTC’s trajectory. Ripple’s XRP token may see a new peak following the recent bullish developments. Can XRP Follow Bitcoin and Hit $3.5 and $4? Source: Bitcoin.com XRP is currently down by 23.2% from its all-time high of $3.40. The asset hit its peak in January 2018, more than seven years ago. The asset struggled to gain momentum over the last few years due to the SEC filing a lawsuit against the fintech company. The litigation was laid to rest earlier this year with both parties coming to a settlement. Ripple’s popular cryptocurrency could be in the early stages of a massive bullish phase. The fintech company recently announced that it has chosen BNY Mellon as its stablecoin custodian. The move could lead to a number fo banks adop...