3 Altcoins To Turn $1K into $250K If US Dollar Collapses
The post 3 Altcoins To Turn $1K into $250K If US Dollar Collapses appeared on BitcoinEthereumNews.com.
The US dollar is showing weakness amid macroeconomic concerns due to US tariffs and China’s retaliation. The crypto market has also been shaken as investors steer clear of risk assets. Amid this turbulence, three altcoins have stood out with their solid fundamentals and bullish catalysts and could easily see traders turn $1K to $1250K. These altcoins are also viewed as a good hedge against currency devaluation. US Dollar Index Hits 3-Year Low Amid Economic Turbulence The US dollar index, which measures the strength of the greenback against other major currencies dropped below 100 for the first time in nearly three years. At press time, this index stood at 100.03. US Dollar Index The currency is being affected by the ongoing trade war between China and the US, with investors expressing concerns about the implications of the looming collapse of the dollar to the global financial markets. Analysts who spoke to Reuters reported that the US dollar had lost its status as a safe haven within a short time. He added, “The whole premise of the dollar as a reserve currency is being challenged, effectively, by what we’ve seen since Trump’s election.” Amid these growing concerns, the altcoins that traders can buy for 250x gains and turn $1K to $250K include Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE). Altcoins to Turn $1K to $250K If US Dollar Collapses The best altcoins to watch as the US dollar struggles against its global counterparts are ETH, XRP, and DOGE. Ethereum (ETH) Ethereum is one of the top altcoins that can be used as a safe haven if the US dollar collapses. This is because investors might view it as an alternative to Bitcoin. Moreover, the launch of spot ETH ETFs last year has made Ethereum more accessible to investors. In terms of fundamentals,…
Filed under: News - @ April 12, 2025 4:19 am