Digital Dollar To Be ‘In Competition’ With Bitcoin
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So I've been wondering, if the USD collapses is BTC directly affected since it's traded on the US stock exchange? It seems that if the dollar fails, then the economy will fail, which in turn will ruin wall street, and if stock prices plummet then value of BTC will fall making it worthless. Is there any truth to this thought or am I just pissing in the wind?
Despite his concerns about the future of the dollar, Dalio is not bullish on Bitcoin. In an interview at the World Economic Forum in Davos, Switzerland, he warned against BTC, saying it doesn’t serve the two main purposes of money. The Crypto Daily – Movers and Shakers – September 27th, 2020. It’s a mixed start to the day for the majors. A Bitcoin move back through to $10,800 levels would support the broader market. Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. Now that Bitcoin is almost $10,000, investors are once again getting curious about this relatively new investment asset. Questions are always asking whether it is the right time to buy, but with a ... Bitcoin - US Dollar Chart (BTC/USD) Conversion rate for Bitcoin to USD for today is $10,629.73. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of $17,005,714,417
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