Quote from: takuma sato on Today at 04:21:33 AM

I prefer to monitor the DXY to get a better idea of how the dollar is doing in the world, and we are seeing a steady downtrend since the peak of January where it $110. The exact explanation of this isn't clear to me, but the most immediate would be the one linked to the US10Y. The long term debt is still not being bought and it's stuck at 4%+ yield, so people are dumping the dollar because the market isn't buying US's debt. The good side to this is that typically BTC pumps on DXY weakness, even if sometimes BTC dumps on DXY weakness (as it did on Q1) but now it has decoupled and DXY continues to dump as BTC pumps.

We are living in times where 4% is a catastrophe.

Quote from: Wikipedia

...before Black Tuesday. Further action failed to halt the fall, which continued until July 8, 1932; by then, the stock market had lost some 90% of its pre-crash value

Seen in: https://en.wikipedia.org/wiki/Wall_Street_crash_of_1929

Sure the people/companies holding x amount of millions/billions in US $ are close to a heart attack.

While a weak $ benefits the goods you export in US$: that is the strategy DT is looking for,