Analysis Crypto by Thebittimes.Com

The US dollar seems to be in great jeopardy from the start of the year. The year 2025 has ushered in great instability for the US economy, spurred primarily by the US’s rising trade war narrative. President Donald Trump is adamant about imposing tariffs on nations that do not comply with the trade norms laid down by the United States, sparking widespread volatility in the US dollar’s global status. This development has led to the US dollar falling, with nations pivoting to “non-reserve currencies” to save face. Will this phenomenon destabilize the USD to a greater extent and usher in de-dollarization? Let’s find out. Also Read: Gold to Surge 10.7% by May 2025 – Safe-Haven Demand Drives Price to $3,448.54 USD Erosion Continues To Gain Speed Source: Twitter / @CRYPTO_TAG The US dollar is declining rapidly, displaying shaky metrics amid a rising trade war narrative. Per an article by Kitco, the US dollar is gaining new competitors, contenders that are vying for its reserve curr...

The victory President-Elect Luis Inacio Lula Da Silva obtained on Oct. 30 over the incumbent Jair Bolsonaro in Brazil might open the gates for the proposal of a single currency for the countries of Latam. Lula announced this as part of his campaign, preaching the utility of a common currency as a way of fighting inflation and dependence on the U.S. dollar. Brazil’s Lula Might Spearhead Proposal of Single Currency in Latam The tight electoral victory that now-President-Elect Lula Da Silva has obtained on Oct. 30 might bring the rise of a new common currency for Latam, judging by the politician’s statements. The left-wing politician, a member of the Workers Party in Brazil, had commented about the need for a single currency on the continent as part of his presidential campaign, explaining the possible opportunities that such a change might bring. Lula commented on the subject in a rally celebrated on Aug. 30, stating: We are going to restore our relationship with Latin...