The US dollar is gaining strength

[TheClownSong]

US Dollar strength because The Fed want to increasing interest rates and its hurt emerging country because their currency drop the value againts US Dollar. US Dollar needed and used in most country in the world and thats why when The Fed trying to increase the rate, its make investor prefer hold US Dollar because its more profitable for them

[1715536056]

1715536056

[1715536056]

1715536056

[1715536056]

1715536056

[sambel90129]

Interesting analysis. You see, when people speak of coins relative to other coins they forget that most of the fiat in the world at this moment is producing shitty interests while inflation is strong. Everything is weak compared to reality.

why the dollar is getting stronger, the main reason is that the dollar is the world currency because all countries that will make payments to other countries their currencies must be converted to dollars first, then exchanged for the currency of the destination country, and the need for dollars from year to year is always increasing, this is what the dollar cannot be weak.

[bayu7adi]

so when the USD strengthens, the other currencies will decrease the selling price, including BTC and other altcoins that will get a little USD, instead of exchanging it for EUR or other currencies
in a moment like this, buying USD is not recommended if there is really no other choice or urgent interest,
but now it's normal again for the USD price, and for BTC and altcoin prices in my opinion it's still in a bad condition,

[niublity]

The strength of the dollar has become the last struggle. The strong appreciation of the dollar this year has made me see the possibility of a financial crisis. The appreciation of the dollar is not good for global trade. Many countries rely on American technology, so I think the US economy has already had problems.

[dongyi17]

When dollar become strong, many benefits you get, you can buy more and higher conversion of your transaction. Fiat is most important in the country, because they defend in money,, fiat can used to buy cryptocurrency and many more.

[cryptokingdom]

Dollar have always being one of the strongest fiat currency in the world, Let me try to answer your question, the strong of dollar do not have any positive effect on the cryptocurrency market though it may affect stock market or Forex.

[BlueStackz]

I don't know. Your analysis is too optimistic. Much like how people said that the besr market is starting last july on the basis of two solid weeks of greens instead of reds. I think yeah the dollar is gaining momentum but I don't think it will sustain it up to the emd of the year. It will dip by the new year and gain momentum from there again.

Right.The US dollar is obviously gaining its strength up to the present but i think this will not happen all the time.Maybe by next year we can see a dropdown of price just like any other currency.And it will happen when a bull run for crypto market has just started i think.

Dollar is gaining strength compared to what actually? To previous year? Don't act like dollar has more value today than it did 10 years ago, it doesn't , certainly not compared to 20 years ago. In fact if you go back like that for each decade, all previous decades are better than next decade was.

Hence dollar is not gaining strength on the long term, it is short term spike that makes this and that causes markets to react to it by dropping in share value or similar however in the end it always ends up with the same old thing.

Dollar starts losing value again, hence things gets higher in price and when things get higher in price shares go up as well and that makes people happy about it and wages go up and we have inflation in our hands. Never trust any fiat currency, not dollar, not euro, not yuan. Don't trust any of them ever.

[Ourplealis]

I don't think so because if the current oil politics against iran made some of the countries to trade the oild with their native currency instead of the USD so it makes the value falls little bit down but many countries still following US rules,if that changes the prices will fall too low.

There is no correlation on the rising dollar prices because of Irans oil, cause Iran is now accepting country's local currency over dollars. I believe the real reason behind the growth is the increase in the employment sector, and it's overall economy it's growing stronger. Also it's pertinent to note with the 90 day truce period between Usa and China which shall benefit both, and shall further increase dollars prices.

I think the real reason is that the stock exchange and the crypto market is a little down in this year and because of that many people withdrew their money and kept them in dollar because of which the demand of dollar increased and the price of it increased higher.

[SeVenlast]

Dollar have always being one of the strongest fiat currency in the world, Let me try to answer your question, the strong of dollar do not have any positive effect on the cryptocurrency market though it may affect stock market or Forex.

There is no guarantee that the very good dollar will have a good impact on the crypto world, so there is nothing like seeing the dollar price getting better nowadays.

[Morpexmorpex]

Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?

due to the fact that the dollar is the world currency which is present in all countries, it oversees almost the entire market...including may affect the growth of the price of some coins and bitcoin in General)

[badungs]

Dollar is very dominating in Asia. because all Asian countries are based on USD currency. This is due to the number of American policies that increase bank interest rates and trade war activities with China. thus impacting on strengthening the value of the dollar against currencies in the Asian region.

[Finestream]

Dollar is very dominating in Asia. because all Asian countries are based on USD currency. This is due to the number of American policies that increase bank interest rates and trade war activities with China. thus impacting on strengthening the value of the dollar against currencies in the Asian region.

I agree.It has been increasing its value a year ago.In my country,the high price of dollar does not make an effect on our own currency.The value is still the same.What has been affected are the prices of the basic commodities that are always increasing its price along with the value of dollar.

[sulendra12]

why the dollar is getting stronger, the main reason is that the dollar is the world currency because all countries that will make payments to other countries their currencies must be converted to dollars first, then exchanged for the currency of the destination country, and the need for dollars from year to year is always increasing, this is what the dollar cannot be weak.

That's not the only and it's pretty common to know Mr. Obvious. There is various ways that US dollar is becoming stronger like good news or some intern factors that we would probably don't know. Many people use it, doesn't mean the currency would become stronger.

[MMS2017]

US Dollar was good in the start as well because if we look at it's use and demand so that is responsible for it's strengthening Us Dollar is international currency which is mostly using for international businesses and trade so demand for it is high every time and now crypto is very good for online payment but Dollar have changed and people left bitcoin so we are waiting for the spring in the crypto market.

[demonz666]

Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?

yes you are right the dollar is getting stronger and making the currency in my country weak. in my opinion the dollar strengthened because of the trade war between the United States and China and also because of the increase in world oil prices. the increase in world oil prices will have an impact on countries that import oil. and for the crypto market the strengthening of the dollar I think is not too impactful.

[STT]

Dollar itself isnt strong because its falling against the value of real goods.   Ideally OPEC would like oil barrel to sell at $100 because they view the dollar as having lower value after too much printing of new currency.

The reason for dollar index increasing is only in comparison to other similar FIAT currency that have QE programs.    Every large economy especially Japan is diluting the worth of their currency and USA is seen as the least risky, with tariffs threatened people assume ASIA weakness and hold dollar for risk reduction but its not strength so much as fear of the unknown I think

Only Russia, China of the major countries are building up reserves to back their currency, both export and can afford to do so.   THere are other countries also like Norway but size counts in this perception, long term growth will affect currency worth far more then now with debt accumulated over decades

[Lumi3004]

Indeed the dollar in recent months 2018 continues to rise yet there is no sign of falling at the low level,
Cryptocurrency and Bitcoin continue to fall this is a very bad thing for crypto this year all hope crypto will improve in terms of price.

[mdn2007]

With the strengthening of the dollar in the last few days, hopefully it can bring a change in the crypto world, moreover the price of bitcoin which continues to decline hopefully can have a good impact on crypto prices

[houjinglong]

The strength of the dollar is related to the Fed. The Fed has the family support of the king of capitalists, but I think that such an economic model may be in crisis. Once the dollar loses its global market share, these big capitalists suffer losses, so this is almost a global coin. In the war, the dollar status is challenged so that it will appreciate, but in the future the dollar is very likely to fail.