The dollar index (DXY00) today is up by +0.27%.  The dollar is stronger today as higher T-note yields strengthened the dollar's interest rate differentials.  Also, comments today from Richmond Fed President Tom Barkin were supportive of the dollar when he said he expects tax cuts and deregulation to lift growth this year.  The dollar still has some safe-haven support due to the escalation of geopolitical risks in Venezuela after the US captured Venezuelan President Maduro, and US President Trump said the U ...

Market Trends & Geopolitical Shifts - Sovereign nations currently favor gold as a safe-haven asset, while individual investors prefer Bitcoin due to its volatility and self-custody features [1] - BitMEX anticipates Bitcoin potentially aligning with gold in the long term regarding the dollar debasement narrative [1] - The shift towards Yuan-settled oil trades between Saudi Arabia and China represents a geopolitical change that could weaken the U S dollar's dominance [1] Bitcoin & Gold Performance - Sovereign buying will differentiate the short-term performance of Bitcoin and gold [1] - The weakening of the U S dollar's hegemony could support Bitcoin's long-term value [1]

Market Trends - US shutdown panic is pushing investors into Bitcoin [1] - Bitcoin is being considered as the new safe-haven asset [1]