Bitcoin And XRP Set To Shine: Shock $8 Trillion Predicted Amid US Dollar ‘Collapse’ | Headlines | News | CoinMarketCap
10/10/2023 04:10
Despite initial expectations of a robust rally, major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP have encountered a slowdown in momentum …
Despite initial expectations of a robust rally, major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP have encountered a slowdown in momentum following a promising start in 2023. However, a prominent tech company’s leaked disclosure can alter this trajectory.
With the Federal Reserve (Fed) grappling with a staggering $33 trillion US “debt death spiral,” investment banking firm Jefferies analysts have warned that the Fed may be compelled to restart its money printing presses.
This move could trigger the collapse of the US dollar and ignite a significant price boom for Bitcoin, rivaling the value of gold.
Expert Advocates For Bitcoin As An Inflationary Safeguard
A recent Forbes report indicates that Bitcoin’s highly anticipated halving event, expected to cause price …