The U S Dollar Holds Strong Despite Economic Woes Will Crypto Suffer

Last updated: June 9, 2025, 01:21

The U S Dollar Holds Strong Despite Economic Woes Will Crypto Suffer

The dollar rose to a

Changes in the US Dollar Index reflect the strength or weakness of the dollar itself and can have a significant impact on global financial markets, including stocks, bonds

The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the latest labor market data and comments from Federal Reserve officials

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Stablecoins are the clearest evidence

The US dollar’s 2% jump in the last month has left many people confused in the traditional and crypto markets. With inflation in the U.S. going down, many expect the

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Stablecoins are the clearest evidence that crypto can serve U.S. strategic and economic interests. In a time of economic uncertainty, they are helping the dollar do what

Bitcoin BTC

The U.S. dollar’s strongest ally is crypto

Bitcoin BTC 0.0% and cryptocurrenciesincluding ethereum and XRP XRP 0.0%have rocketed back into the limelight this year amid predictions the Federal Reserve

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The U.S. Dollar Holds Strong Despite Economic Woes, Will Crypto

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However

For many crypto bros the inevitable transition away from the US dollar as the world’s leading reserve currency is unambiguously bullish for their asset class of choice.

However, dollar hegemony allows the U.S. Fed to affect the interest rates of other countries, a potentially unfair and destructive practice. When the U.S. economy tightens