$120,000 for one Bitcoin. You've called for much higher in the past. Uh it's still pretty surreal to to see us hit that milestone over the weekend. Oh, I think it's very exciting um that people are starting to recognize the value of a better currency, a better store of value, more uh honest currency, a currency that keeps perfect records. You know, there were quite a few examples of where um what an old currency was overtaken by a new currency. My dad gave me a million dollar bill and I looked at it and I w ...

Market Reaction to Potential Fed Chair Removal - The market has priced in a risk of the potential removal of the Fed chair, despite it being a low probability outcome [4] - Concerns about eroded policy independence have driven market moves this year [4] - A hypothetical removal of the Fed chair could lead to a sell-off in the dollar and bonds [5] Dollar and Yield Impact - Deutsche Bank suggests a potential decline in the dollar and a spike in yields if the Fed chair is removed [1][2] - Significant outflows from the dollar in knee-jerk fashion, and a big spike in yields at the long end of the curve are expected [3] - A more dovish policy outlook could lead to inflation expectations unanchoring and a subsequent sell-off at the long end [3] Confidence and Economic Impact - Eroded policy independence erodes confidence in the US economy and the value of the dollar [7] - Declines in the dollar are making people buy less things in dollars, leading to less dollars in circulation and less spending in the US markets [6] Equity Market Outlook - A knee-jerk move lower in the equity market is expected, but dip buyers may step in due to a looser monetary policy outlook [8] - A Fed chair picked by Trump would be considerably more dovish and more likely to cut rates, potentially a tailwind for the market in the short term [8] FOMC Dynamics - A new Fed chair's proposed actions may not carry the support of a majority of FOMC members [9][10]

Dollar Analysis - The market is consistently attempting to identify a bottom for the dollar, but a substantial dollar rebound is not anticipated [5] - Any upward movement in the dollar is expected to be short-lived [6] - Reserve managers globally are still overexposed to the dollar due to unhedged purchases of US stocks, which could lead to further dollar selling during any rebound [7][8] - The Fed is perceived to be under pressure to maintain an accommodative policy relative to inflation, which is viewed negatively for the dollar [2][3][4] Stock Market Outlook - Short-term, a positive fiscal environment and favorable macro data suggest a bullish outlook for stocks, although gains may be moderate and volatile [9] - Earnings season is expected to support the stock market in the short term due to lowered expectations [10] - By August, a weakening in stock prices is anticipated [10] Economic Factors - CPI data will influence the dollar's value in the coming weeks, particularly concerning pressure on the Federal Reserve from the administration [2] - The impact of tariffs is considered a significant driver, but the specifics of implementation remain uncertain in the short term [8]

yesNick Dobos (@NickADobos):Y’all know that bitcoin hitting $120,000 is mainly due to the dollar plummeting, right? https://t.co/T1HQAEXNkF ...

Cryptocurrency & Market Impact - The report discusses whether Bitcoin will replace the US dollar [1] - Features Tim Draper, implying discussion of his perspectives on Bitcoin and its potential impact [1]

RT Tesla Owners Silicon Valley (@teslaownersSV)Is the $ dollar dying, on its path to being permanently replaced? ...

Currency Market Analysis - The report questions whether the US dollar is losing its dominance and potentially being permanently replaced [1]

Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the yuan up for further gains https://t.co/avrZ3na2FD ...

TWO THOUSAND NINE HUNDRED UNITED STATES NORTHRUP GRUMMAN HELLFIRE MISSILE BACKED DOLLARS FOR ONE ETHEREUM COINIcoBeast.eth🦇🔊 (@beast_ico):TWO THOUSAND EIGHT HUNDRED UNITED STATES NORTHRUP GRUMMAN HELLFIRE MISSILE BACKED DOLLARS FOR ONE ETHEREUM COIN(SORRY FOR LATENESS LADS IM HOUSE HUNTING) ...

RT Juan Murillo di Cappa (✧ᴗ✧) (@MurillodiCappa)And what’s most important is that every day, more people understand that fiat is hopeless and Bitcoin is the answer.We should consider this the only positive aspect of the dollar’s current downtrend. ...