Bank of America: Bitcoin and gold and other assets may benefit from the decline of the US dollar

PANews reported on June 2 that according to CoinDesk, Bank of America said that trade policy uncertainty and high debt levels may continue to put pressure on the US dollar. High-frequency data show that the economy may slow down, which will cause the US dollar to fall further this summer. At the same time, due to rising inflation expectations, the Federal Reserve is unable to take major actions. This trend may benefit dollar-denominated assets such as gold and Bitcoin.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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