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Greenback Exodus: 3 Brutal Ways Traders Are Ditching the Dollar in 2025

Greenback Exodus: 3 Brutal Ways Traders Are Ditching the Dollar in 2025

Published:
2025-04-29 11:30:00
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Central banks go rogue—gold purchases hit 55-year highs as USD reserves plummet. Guess they don’t trust the printer go brrr strategy anymore.

Crypto rails eat SWIFT’s lunch—BTC/ETH volumes spike 300% for cross-border settlements. Banks still charging $50 for wire transfers like it’s 1995.

BRICS’ digital currency gambit—20 nations now testing dollar-alternative payment systems. JPMorgan won’t like this one bit.

The dollar’s still king... but the peasants are revolting with better tech. Tick tock, legacy system.

Three Ways Through Which Nations Are Moving Away From The USD

1. Nations Diversifying Into Gold

GOLD BARS

Source: Watcher Guru

The price of gold has hit a record high, as nations continue to hold gold in large quantities. The move has weakened the US dollar further as nations continue to stockpile gold amid the volatility posed by the US tariff regimes initiated by President Donald Trump. The metal is touted as the top SAFE haven asset in times of acute financial distress. As the US continues to embark on aggressive tariff regimens, nations like India and China are stocking up on gold to fight rising economic stress, dumping dollars in the process.

Gold and Bitcoin are now aligning for the first time in months.

Since April 7th, Gold is up over 15% while Bitcoin is up over 12%.

Why is this happening?

Markets are pricing-in US Dollar weakness and more instability.

Bonds are no longer a preferred safe haven. pic.twitter.com/W4z4mryRVb

— The Kobeissi Letter (@KobeissiLetter) April 21, 2025

2. Investing in Digital Assets Like Bitcoin

bitcoin moon

Source: Watcher Guru

The multipolar world order also supports digital assets like Bitcoin to establish a strong market foothold. Several nations have expressed their desire to diversify into Bitcoin, dumping US dollars to accumulate quick and steady gains in the current volatile times.

JUST IN: Iran says they are reducing their dependence on the US Dollar for regional and international trade.

This morning, France said Europe should reduce dependence on the US.

Meanwhile, Russia, Saudi Arabia and China are now trading with Chinese Yuan.

This is the biggest…

— The Kobeissi Letter (@KobeissiLetter) April 9, 2023

3. Countries Promoting Local Currency Usage

Several nations, like China and Russia, have long dumped the US dollar to trade in local currencies. Other nations are now actively considering this step to reduce their reliance on the US dollar, referring to its growing volatility and inconsistent stance. As a result, proposals to trade in alternative currencies like the Chinese Yuan and the Euro are gaining momentum.

JUST IN: Russia says China is paying for natural gas using Chinese Yuan rather than US Dollars.

Russia also said that crude oil trade between China and Russia includes settlements in Chinese Yuan.

We have now seen 30+ events challenging the US Dollar this month.

However, the…

— The Kobeissi Letter (@KobeissiLetter) April 23, 2023

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