Originally published at: The US Dollar Is Soaring While The GDP Contracts (Bitcoin Magazine) – We Never See Nothing
The strengthening of the U.S. dollar and the growth deterioration across major global economies will likely cause more downside for risk assets. Revisiting The Dollar Bitcoin Relationship In more recent issues, we’ve highlighted that over the last few months, bitcoin’s price has been a function of larger macroeconomic conditions of rising yields and credit unwinding…