Wednesday, July 29, 2020

Goldman Sachs Questions Dollar's Reserve Status; Why Bitcoin Is The Answer

This week, the Dollar Currency Index (DXY) tanked, letting other currencies and assets like Bitcoin (BTCUSD) thrive against the typically dominant market force. The recent fall has prompted Goldman Sachs to question the dollar's global reserve reign. Could the suddenly surging cryptocurrency truly be the answer to the dollar's dwindling stronghold?

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