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Goldman Manager Rejects Bitcoin’s Most Bullish Narrative To Date

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  • Bitcoin over the last two weeks surged higher on fears of inflation caused by the Federal Reserve’s easing policies.
  • The rally also appeared as the US dollar fell to its lowest level since 2018.
  • Observers within the crypto sector noted that Bitcoin is rising out of the fears of dollar debasement.
  • Meanwhile, a top Goldman Sachs executive rejected the notion altogether. She stated that the greenback will remain the number one currency despite its short-term downtrend.

As the US dollar index started declining from its March 2020 top, Bitcoin price exploded.

It was because of the Federal Reserve. The US …

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