US Dollar Is Being Wiped Out: Analyst Urges Traders to Buy New Assets
The DXY index, which tracks the performance of the US dollar shows the currency falling below the 100 mark. The US dollar is now hovering around the 99.30 mark on Monday and is attracting heavy bearish sentiments. It dipped by 0.74% shedding close to 0.74 points in the charts on the opening bell. Traders who went long on the greenback this year are all underwater as their portfolios turned deep red.
Also Read: G7 Central Banks Confront US Chaos: ECB to Cut Rates, Canada Watches Inflation
Taking an entry position now is considered risky as the US dollar is yet to bottom out in the charts. The currency is experiencing a downturn after Trump announced sanctions on over 185 countries early this month. However, he announced a 90-day pause on tariffs after the US stock market crashed but the development is not helping the USD and the markets either.
Also Read: Currency Surprise: These 9 Currencies Are Outperforming The US Dollar
The US Dollar Getting Wiped Out: Invest in Gold, Silver & Bitcoin Instead, Says Analyst
Robert Kiyosaki, the author of the best-selling financial self-help book Rich Dad Poor Dad warned on X that the “US dollar is being wiped out.” He wrote that gold, silver, and Bitcoin are the alternative options as US Treasury bonds and the dollar decline. “Please listen to gold, silver, and bitcoin. What are they telling you? Gold is at an all-time high, demand for silver is exploding, and bitcoin is roaring,” he wrote.
Also Read: XRP to $28? Grok Predicts 1,299% Surge If $3T Volume Hits XRPL
Gold prices have increased close to 23% year-to-date while silver surged nearly 15% during the same timeframe. On the other hand, Bitcoin climbed above the $100,000 milestone in 2025 and is gearing up to reach there again. While all these assets are bullish, the US dollar is bearish and has plunged to the 99.30 mark. It fell from a high of 109.40 this year and is among the biggest crash it has experienced in the last 10 years.
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US Dollar Is Being Wiped Out: Analyst Urges Traders to Buy New Assets
The DXY index, which tracks the performance of the US dollar shows the currency falling below the 100 mark. The US dollar is now hovering around the 99.30 mark on Monday and is attracting heavy bearish sentiments. It dipped by 0.74% shedding close to 0.74 points in the charts on the opening bell. Traders who went long on the greenback this year are all underwater as their portfolios turned deep red.
Also Read: G7 Central Banks Confront US Chaos: ECB to Cut Rates, Canada Watches Inflation
Taking an entry position now is considered risky as the US dollar is yet to bottom out in the charts. The currency is experiencing a downturn after Trump announced sanctions on over 185 countries early this month. However, he announced a 90-day pause on tariffs after the US stock market crashed but the development is not helping the USD and the markets either.
Also Read: Currency Surprise: These 9 Currencies Are Outperforming The US Dollar
The US Dollar Getting Wiped Out: Invest in Gold, Silver & Bitcoin Instead, Says Analyst
Robert Kiyosaki, the author of the best-selling financial self-help book Rich Dad Poor Dad warned on X that the “US dollar is being wiped out.” He wrote that gold, silver, and Bitcoin are the alternative options as US Treasury bonds and the dollar decline. “Please listen to gold, silver, and bitcoin. What are they telling you? Gold is at an all-time high, demand for silver is exploding, and bitcoin is roaring,” he wrote.
Also Read: XRP to $28? Grok Predicts 1,299% Surge If $3T Volume Hits XRPL
Gold prices have increased close to 23% year-to-date while silver surged nearly 15% during the same timeframe. On the other hand, Bitcoin climbed above the $100,000 milestone in 2025 and is gearing up to reach there again. While all these assets are bullish, the US dollar is bearish and has plunged to the 99.30 mark. It fell from a high of 109.40 this year and is among the biggest crash it has experienced in the last 10 years.
Read More