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The US dollar forecast for the next 6 months reveals some pretty concerning weakness ahead, and right now, the greenback is facing mounting pressures from multiple directions. After hitting a three-year low at 97.60 last week, the US Dollar Index has lost nearly 10% since early 2025, which is quite significant. The key technical indicators reveal that the currency faces critical support at 95 and 90. At the same time, Fed rate cuts predictions for 2025 and the rising de-dollarization trend may take the USD index forecast even lower. The situation with inflation is also unclear since calibration of world currencies is gaining pace (US inflation in May, for example, reached 2.4%) and many of the key banks are forecasting that the problem will continue. Source: Bank of International Settlements Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons How Slowing Growth, Inflation & Rates Impact USD Outlook Source: Watcher.Guru Critical Support Level...

The DXY index, which tracks the performance of the US dollar has been failing to climb above the 100 range for two months. The greenback is failing to hold on to its resistance level and is slipping back to the 98-99 range after it touches the 100 mark. On the other hand, local currencies are rising in the charts and delivering better performance than the USD. The BRICS currencies are also surging in value, and taking the recent developments into consideration, Morgan Stanley has painted a bearish picture for the US dollar. Source: MarketWatch As BRICS looks to uproot the US dollar, leading global investment bank Morgan Stanley has predicted that the US dollar could decline by another 9% in the indices. The forecast estimates that the greenback’s DXY index could fall to the COVID-19 level low. The global bank wrote that the greenback could fall to the 91 level next losing considerable value. That’s a five-year low and is a steep decline despite the market recovering from the...

MicroStrategy stock (MSTR) had a phenomenal 2024 thanks to the company’s Bitcoin investments, and that’s expected to continue in 2025. MSTR stock is already rising in the opening days of the year, up nearly 12% during Friday’s trading session. Correspondingly, Bitcoin is creeping back towards $100,000, a mark the asset reached for the first time in 2024. In 2024, MicroStrategy, led by Michael Saylor, invested millions into the Bitcoin cryptocurrency. Saylor is one of the most bullish institutional investors for the asset in the industry. His influence sparked MicroStrategy to go all-in on Bitcoin, and in 2024, that went extremely well for MSTR investors. The company’s market capitalization reached a new high last year, as did its stock value. As Bitcoin continues to rise, the stock in MicroStrategy correspondingly climbs. MicroStrategy Stock Forecast For 2025 Per CoinCodex, MSTR may ultimately hit $400 this year. However, it’s important that the pro-crypto/...

At the Bitcoin MENA conference in Abu Dhabi, SkyBridge Capital founder and former White House Communications Director Anthony Scaramucci made a bold prediction: China will re-enter Bitcoin by the end of 2025.  Speaking with conviction at the ADNEC Centre on December 10, Scaramucci laid out his forecast: “Now that the United States is open to this idea, I think it would be impossible to suggest that other countries wouldn’t do the same thing. I’m sitting here today in December 2024. I’ll make a prediction here: By this time next year, the Chinese will be back in the Bitcoin game.”  Picks for you Crypto trader makes $77 million on a $3k investment 1 hour ago Quantum computing fears liquidate $1.6 billion of crypto trades in a day...

The cryptocurrency market is currently experiencing a gradual growth phenomenon. With Bitcoin touching $60K, the market is healing and on its way to helping other altcoins, including Shiba Inu, achieve their highest price pedestals. Here’s how High Shiba Inu (SHIB) and Dogecoin (Doge) can rise, given that the crypto market is now turning its tables. Also Read: Fed Rate Cuts Will Not be as Deep as Market Expects: BlackRock Shiba Inu Price Prediction (September End) Image Source: Watcher Guru Shiba Inu is currently one of the most trending coins in the market. The cryptocurrency token leaves no stone unturned to keep its ecosystem brewing with new developments. With the launch of SHIB DeFi, SHIB Marketplace, and SHIB Socials already in the queue, the token is also carving new milestones by renewing its roadmap to better investor sentiment in the long haul. According to CoinCodex, Shiba Inu is set to ascend to new highs by the end of September 2024. The token will spike 37% to claim ...