RE: LeoThread 2025-12-16 15-20
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As much as people wanted to put dollar USD down, crypto is indirectly pegged to it and there is no way USD is dying.
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You are viewing a single comment's thread:
As much as people wanted to put dollar USD down, crypto is indirectly pegged to it and there is no way USD is dying.
Never say never but not in the near term anyway. Despite the problems the USD has, most other currencies have bigger ones.
Crypto isn't pegged to the USD, it's merely mostly priced in it, there's a difference.
Unless you're talking about USD-stablecoins, then yes.
That said, what looks like a win for the USD can also be a huge problem in the long-term.
Unless BRICS steps in USD is harder to push.
BRICS doesn't stand a chance at beating the USD.
It doesn't have to.. it just needs to survive in its own circle. BRICS should not need USD. its bullying currency.
USD Index surged 1.2% today to 106.45, pressuring crypto markets—BTC dipped 2.3% to $92,400 amid $85M in liquidations. DXY's strength keeps crypto indirectly tied, no escape yet