Should not store USD
manh nguyen
Technical analysis
3 years ago
1 QCP
The dollar has experienced a shocking slide in 2020. However, its price volatility in 2021 is still a big question.
Over the past few days, the dollar has recovered, making the gold and Bitcoin markets - the assets considered "digital gold" - simultaneously decline. The question is whether investors should hold onto the dollar in 2021, after a shocking slide in 2020.
In fact, the US currency often appreciates in response to economic fluctuations. That is the familiar scenario since the 2008-2009 financial crisis. "When there's turmoil, people find security. What can you look for other than the currency of the top economy?
Over the past few days, the dollar has recovered, making the gold and Bitcoin markets - the assets considered "digital gold" - simultaneously decline. The question is whether investors should hold onto the dollar in 2021, after a shocking slide in 2020.
In fact, the US currency often appreciates in response to economic fluctuations. That is the familiar scenario since the 2008-2009 financial crisis. "When there's turmoil, people find security. What can you look for other than the currency of the top economy?
- usd
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