Google searches for "US dollar depreciation" hit a record high, as market demand for Bitcoin and digital assets continues to heat up.

As the Federal Reserve shifts its policy from tightening to easing, global market concerns over the future trajectory of the US dollar are intensifying. Searches for “dollar debasement” on Google hit a record high this quarter, reflecting a rapid increase in investor sensitivity to declining currency value. This trend is driving digital assets like Bitcoin to become new safe-haven tools.

According to BarChart, based on Bloomberg and Google Trends data, the search volume for “dollar debasement” has surged significantly this year, reaching historic highs in the US over the past few weeks. Google Trends shows that there has not been such a concentrated and sustained increase in search interest since 2012. This shift in public attention is closely linked to the ongoing decline of the US Dollar Index in the macroeconomic backdrop.

TradingView data indicates that the US Dollar Index (DXY) has been trending downward since the beginning of the year, hitting multi-year lows in mid-September. The index is currently only slightly above that level, indicating overall weakness of the dollar against major global currencies. Meanwhile, the “devaluation trade” has become a hot topic in the market this year. Investors are seeking alternative assets to hedge against dollar risk, especially as the money supply continues to rise.

Entrepreneur Anthony Pompliano has pointed out that institutional investors are beginning to recognize the systemic risks posed by dollar debasement. He emphasized that with no signs of a halt in currency issuance, traditional safe-haven tools are gradually losing effectiveness. Federal Reserve data shows that US M2 money supply has reached a historic high, further intensifying market concerns about dollar debasement.

Analysts generally believe that as the Federal Reserve shifts from quantitative tightening (QT) to quantitative easing (QE), market liquidity will significantly improve, and the pace of monetary expansion may accelerate. This macro environment is seen as a strong catalyst for crypto assets such as Bitcoin and Ethereum.

Crypto analyst “Bull Theory” pointed out that if the Federal Reserve restarts bond purchases while cutting interest rates, it could trigger a strong liquidity cycle similar to 2020–2021. He believes that dollar weakness often correlates positively with rising cryptocurrency prices, and that the current macro conditions are among the most favorable for digital assets in recent years.

As “dollar debasement” quickly gains traction in the public discourse, more and more investors are turning to cryptocurrencies as tools to hedge against fiat depreciation and systemic risk. Digital assets may see greater capital inflows in the coming months, especially as the global macro environment continues to signal easing.

BTC0.38%
ETH2.8%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)