Some times I used to feel that if the dollar's value kept depreciating until it really got so bad, that meant it might affect Bitcoin. Because even if you sell your bitcoin for $100,000, possibly, there is nothing serious you can do with the money.

The high rate of inflation is largely due to the devaluation of dollars, and as a result, the purchasing power of money is not really strong. Since the issues emerged from the federal reserve because of the constant printing of money, if the excessive dollars that have been printed can be retracted, at least it can help to make the dollar value go up. Because definitely, even if you hold your Bitcoin for a long time, as long as you will one day convert it to buy something, it will still not be worth much because of how low the dollar value would be.