Creating a national Bitcoin reserve could prove disastrous for markets, as it would signal an immediate shift in the global financial order. Establishing a national Bitcoin strategic reserve may create negative market impacts for BTC and the US dollar, according to Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX. Rafique…
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Macroeconomist Lyn Alden said the US dollar barely “got any flight-to-safety bid” despite recent geopolitical tensions between Iran and Israel. Analysts say the US dollar hasn’t shown its usual safe-haven strength during the recent Iran-Israel conflict, while Bitcoin is rising in another attempt to reach its $111,970 all-time high. “The dollar index is dabbling in…
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