Cryptocurrencies remain undefeated while the dollar is in agony.

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Hello everyone...

Have you seen the markets? Well, at the moment they are a marvel, we no longer see people saying that it will be the end of bitcoin or cryptocurrencies and everything seems to have a bullish sentiment. In fact if we look at the Fear and Greed Index it is at 45 points, which seems to indicate that they are slowly losing their fear and looking at a bullish path where we possibly see a recovery of the bitcoin price to around $69K and from there we can see a possible growth to $80K or even eventually to $100K.

And the bitcoin price has gained ground again due to the fact that the Fiat economy is showing few signs of life and many signs of agony, in fact since the treasury department reported that the US public debt reached $30,012,386,059,238.29 which is the highest figure ever, and this is all due to the various stimulus plans that skyrocketed the federal debt. It seems that infinite money printing is really hurting the global economy.

Another piece of news that has also had a positive impact on the price of bitcoin is the announcement by the Federal Reserve of a CBDC in the United States. The fact that the US is finally thinking about a CBDC because they consider Stablecoins to be a threat, only reveals how weak the Fiat economy is and furthermore, wanting to digitize a currency that is losing more and more value every day, only makes people afraid of having dollars in the bank or in physical form and think more about buying cryptocurrencies or metals that are much more stable.

This continues to relegate an undeniable truth and that is that the economy around fiat currencies like the dollar is slowly dying. With every desperate announcement or action by the Fed it reflects that they have less and less power over the global economy. Cryptocurrencies, on the other hand, have been growing steadily because they revalue instead of losing value as the dollar does. Moreover, the fact that cryptocurrencies are not controlled by an entity that can infinitely issue coins also makes cryptocurrencies attractive, as each user has the possibility to be his own bank.

So stay alert and open your eyes to the changes that are coming.

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