According to The Kobeissi Letter, since 1971, the US Dollar has lost 98.94% of its value against gold, while the British Pound has dropped by 99.42% during the same period (source: The Kobeissi Letter, May 22, 2025). This long-term trend highlights significant fiat currency depreciation, underscoring gold's status as a store of value. For crypto traders, this persistent decline in fiat value strengthens the narrative for digital assets like Bitcoin as alternative hedges against currency debasement. Monitoring fiat-to-gold performance can help traders anticipate shifts in demand for cryptocurrencies, especially during periods of macroeconomic uncertainty.

According to André Dragosch (@Andre_Dragosch) on May 20, 2025, Bitcoin is entering a phase where it is setting new all-time highs against several fiat currencies, signaling renewed bullish momentum in global crypto markets. This trend is attracting increased trading volumes and renewed interest from international investors, especially in regions experiencing local currency depreciation. Traders should monitor cross-currency BTC performance, as these breakouts often precede heightened volatility and liquidity, potentially impacting altcoin movements and overall market sentiment. (Source: Twitter/@Andre_Dragosch)