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The US dollar will end in 2017 as the worst year while Bitcoin increase by 1.372%

The US dollar has recorded the largest annual decline in value since 2003 and is projected by 2017 at a three-month low against other major currencies, such as the Chinese yuan and the Japanese yen.

30.Dec.17 1:41 PM
By Daria Zaytseva


The US dollar will end in 2017 as the worst year while Bitcoin increase by 1.372%

Meanwhile, Bitcoin, the most valuable cryptocurrency in the market with a market valuation of $227 billion, is on track to finish the year with a 1.341% growth, as one of the world's most profitable cryptocurrency funds for Ripple, Litecoin, Dash and the Etherium.

Some analysts reported that the value of the US dollar is likely to decline during 2018, with no signs of a short-term recovery.

Long-term Bitcoin investors and researchers of cryptocurrency believe that the growth of cryptocurrencies as a new class of new asset is playing a small role in reducing exchange rates around the world, separating money and the state.

For many decades, governments have controlled the global monetary system, especially the fiat currency system, through which they can easily manipulate the supply of working capital.

Earlier this month, Zerohedge released a chart called "The Most Important Chart in the World ", which showed the decline in the cost of the US Treasury since 1987. While Bitcoin has recorded consistent profits for its entire eight-year history, except for 2014, as more than 30 years ago, the US Treasury has been on a decline.

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