Bank of America: Bitcoin and gold and other assets may benefit from the decline of the US dollar
2025-06-02 11:43:52
Odaily News Bank of America warned that the dollar, which has fallen sharply this year, may face a difficult situation this summer. The bank said that trade policy uncertainty and high debt levels may continue to put pressure on the dollar. High-frequency data show that the economy may slow down, which will cause the dollar to fall further this summer. At the same time, due to rising inflation expectations, the Federal Reserve is unable to take major actions. This trend may benefit dollar-denominated assets such as gold and Bitcoin. (CoinDesk)
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