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Analyst: Holders of the US dollar will become "quite poor".

Analyst: Holders of the US dollar will become "quite poor".

币界网币界网2026/01/27 11:11
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According to a report by Bijie Network: Economist Peter Schiff has warned that the surge in gold prices to over $5,000 per ounce and the trend of de-dollarization pose a devastating blow to the US dollar and dollar-denominated assets, including bitcoin. He predicts that by the end of the year, those holding such assets will see a "significant shrinkage," noting that the rising demand for commodities and the US Dollar Index (DXY) dropping to a low of 96.9 both indicate weakening market confidence in the dollar.
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