US Dollar Collapsing, Investors Prefer Bitcoin, Gold, Silver Instead, Says Citadel Executive

Group 1 - Bitcoin, gold, and silver prices are reaching all-time highs as demand for hard assets increases amid the decline of the US dollar, which has lost 10% of its value since the beginning of 2025 [1][5] - Citadel CEO Ken Griffin highlighted that investors are moving away from the US dollar, viewing gold as a safer asset, and are seeking to de-dollarize their portfolios due to US sovereign risk [2][3] - The US dollar's dominance as a reserve currency has fallen to 56.3% in Q2 2025, the lowest level since 1994, with a potential drop below 50% within five years if the current trend continues [4][5] Group 2 - The ongoing Bitcoin price rally, which has surpassed $126,000, is accompanied by significant inflows into spot Bitcoin ETFs, with BlackRock's IBIT seeing nearly $1 billion in inflows on October 6 [2][6] - Analysts note that the simultaneous rise in various asset classes, including safe havens and risky assets, is attributed to the declining value of the US dollar, which is on track for its worst year in over 40 years [5]