Analysts at financial giant JPMorgan say increased geopolitical tensions between the two largest economies would take the threat of de-dollarization to the next level. JPMorgan strategists warn that escalating tensions between the US and China would result in the erosion of the dollar’s market share in global reserves and trade settlements, reports Bloomberg. The analysts The post JPMorgan Strategists Issue De-Dollarization Alert, Say US-China Tensions Key to World Reserve Currency’s Future appeared first on The Daily Hodl .
The Daily Hodl
You can visit the page to read the article.
Source: The Daily Hodl
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bitcoin Price Surge Expected as Federal Reserve Poised to Slash Interest Rates
The financial markets are set for a significant update with the anticipated rate cut by the U.S. Federal Reserve. This move is expected to impact various markets, including cryptocurrency. Noteworthy The Daily Hodl
Has a Bottom Been Found in Bitcoin? Bitfinex Analysts Answered, Warned Investors Ahead of FED Decision!
Bitfinex analysts, who warned of volatility in Bitcoin, said that the latest data showed that BTC had bottomed around $52,000. Continue Reading: Has a Bottom Been Found in Bitcoin? Bitfinex Analysts Answered, Warned Investors Ahead of FED Decision! The Daily Hodl