Dollar Dives, Bitcoin Soars: Is Your Wallet Ready for the Chaos? 🤑

Bitcoin
BTC $124,166
24h volatility: 0.1% 🌊
Market cap: $2.48 T 💰
Vol. 24h: $68.07 B 🚀

Well, butter my biscuit and call me a financial guru-the US dollar is taking a nosedive, and everyone’s grabbing Bitcoin, gold, and silver like they’re going out of style. Citadel’s Ken Griffin (yes, the hedge fund guy, not the magician) says investors are fleeing the dollar like it’s a sinking ship. 🚢💸 Since 2025 started, the dollar’s lost 10% of its value. Ouch. That’s like realizing your ex’s new partner is actually cooler than you. 😬

Investors Are Trading Dollars for Glitter (and Bitcoin) ✨

Ken Griffin, Citadel’s CEO, is sounding the alarm. Apparently, gold is the new black, and Bitcoin is the sparkly accessory everyone wants. Speaking to Bloomberg’s Francine Lacqua (who probably has a fancier wardrobe than all of us combined), Griffin said investors are de-dollarizing faster than I can say “fiscal policy.” 🗣️💼 He added:

“We’re seeing substantial asset inflation away from the dollar as people are looking for ways to effectively de-dollarize, or de-risk their portfolios vis-a-vis US sovereign risk.”

Meanwhile, Bitcoin’s hitting all-time highs above $126,000. Coincidence? I think not. It’s like Bitcoin and gold are having a party, and the dollar’s not invited. 🎉🚫

Griffin calls this the “debasement trade,” which sounds like something you’d hear in a dystopian novel. But hey, if silver, gold, and Bitcoin are the new cool kids, I’m here for it. 🌟

The Dollar’s Crown Is Slipping 👑💔

The US dollar’s dominance as a reserve currency is at a three-decade low. In Q2 2025, it fell to 56.3%, the lowest since 1994. Since 2000, it’s dropped 16 points. At this rate, analysts at The Kobeissi Letter say it could dip below 50% in five years. That’s like being unseated from the throne and handed a participation trophy. 🏆🤡

The US Dollar’s reserve currency dominance is declining:

The US Dollar’s share of the world’s central banks’ reserves fell 1.5 percentage points in Q2 2025, to 56.3%, the lowest since 1994.

Since 2000, this percentage has declined by 16 points.

By comparison, the US Dollar…

– The Kobeissi Letter (@KobeissiLetter) October 7, 2025

The analysts point out that this is why everything from crypto to real estate is hitting record highs. The dollar’s the denominator, and it’s shrinking faster than my patience in a long meeting. 📉😴

“Safe havens, risky assets, real estate, crypto, global bond yields, and everything in between is hitting daily record highs. The denominator for most assets, in this case the US Dollar, is what has changed. The US Dollar is on track for its worst year in 40+ years, down -10% YTD.”

And let’s not forget Bitcoin ETFs-BlackRock’s IBIT saw nearly $1 billion in inflows on Oct. 6. That’s a lot of zeroes, folks. 🤑

2025-10-07 16:23

Investors Are Trading Dollars for Glitter (and Bitcoin) ✨

The Dollar’s Crown Is Slipping 👑💔

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