US Dollar Decline: The Perfect Storm for a Crypto Bull Run? w/ Kyle Reidhead
The Milk Road Show - A podcast by The Milk Road Show
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Is the recent decline of the US Dollar a sign of a perfect storm brewing for a crypto bull run? Today we explore the potential implications of a weakening dollar on the crypto market. Kyle Reidhead breaks down the key indicators that suggest the US can't let the economy collapse. From government interest payments to pension funds, we'll examine the three main indicators that could be pointing to a significant upside for crypto. You'll learn: • What is the DXY and how does it impact the crypto market? • How a weakening dollar and dropping interest rates could lead to a surge in crypto investments • The three key indicators that suggest the US can't let the economy collapse. 🔥 Don't forget to enter our raffle! We're giving away access to our crypto investing masterclass, Milk Road PRO subscriptions, and a mystery box! Just subscribe to our channel and post a screenshot on Twitter or Instagram tagging @milkroaddaily for an extra entry. Winners will be announced on September 4th! 🤝 HELP US GROW 🤝 Subscribe to our YouTube channel 🚀 Unlock the full potential of liquid restaking with Kelp DAO: https://out.milkroad.com/KelpDAO0822Podcast 🥛 Get smarter about crypto in 5 minutes with our daily, free newsletter: https://link.milkroad.com/pod-newsletter 💰 Go PRO and become a better investor with the #1 crypto research and analysis: https://link.milkroad.com/pod-pro ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: https://link.milkroad.com/pod-x 👉 Milk Road Instagram: https://link.milkroad.com/pod-ig 👉 Jay's Twitter: https://link.milkroad.com/pod-x-jay 👉 Kyle's Twitter: https://link.milkroad.com/pod-x-kyle 👉 YouTube: https://www.youtube.com/@MilkRoadDaily ⏱ TIME POINTS ⏱ 00:00 - Intro 00:57 - GAIN by Kelp 02:05 - What's happening with the US Dollar? 04:18 - DXY vs Crypto Total Market Cap 07:44 - Unpacking the US economy's warning signs 09:13 - Is there recession looming? 17:20 - Navigating the next few months