Crypto Faces The ‘Dollar Wrecking Ball’: What This Means
In a post shared via X on January 14, Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), echoed a warning about the surging dollar and its impact on financial conditions—an echo that many market observers, including those within the crypto sphere, are listening to with interest.
How The Dollar Wrecking Ball Affects The Crypto Market
According to Bittel, the “dollar wrecking ball” has gained impressive momentum over the past couple of months, exerting significant pressure on global liquidity and dampening economic surprises in the United States. While the crypto market is no stranger to macro-driven turbulence, Bittel’s perspective hints that relief may be on the horizon. “Dollar wrecking ball in…
