According to Citadel founder Ken Griffin, investors are moving away from the US dollar Griffin is worried about the debasement trade, which was called by some a “debasement trade”. Griffin, who calls the trade a debasement, is concerned about its impact. “substantial asset inflation away from the dollar.” Gold and Bitcoin investment has accelerated the agenda of dedollarization, which attracted many supporters over the past decade.
Bitcoin and Gold: Are they a New Force in the De-Dollarization Movement
Prices for Bitcoin and gold have risen dramatically in recent months. Bitcoin (BTC), a digital currency, hit a new all-time record of $126,080. This was on October 6. Gold reached a new high today of $3.977.19. It is possible that the US dollar’s pivot could be the result of macroeconomic instabilities arising out of geopolitical conflicts and trade wars.
Bitcoin (BTC), as well as gold, will continue to rise in value over the next few months. BTC’s bullish streak has been historically mirrored in the month of October. The year 2025 is following the same pattern as in previous years. The Federal Reserve will likely announce another round of rate reductions later in the month. Rate cuts may result in further increases for the price of both assets.
Over the last couple of years, de-dollarization has gained significant momentum. The central banks of the world are accumulating gold aggressively, and this trend is expected to continue. China in particular seems to be buying a lot of gold. China is also holds The US holds 198.012 BTC, which is second only to 194,000 Bitcoins (BTC).
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Market participants are more cautious when it comes to investing their money in greenbacks. Bitcoin (BTC), and gold, may seem to be the safer option for investors at this time.
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Source: watcher.guru
