#密码资产动态追踪 $BTC $ETH $BNB

The US dollar trust crisis is spreading, and the market is looking for alternatives

On January 7th, the ADP data caught traders off guard. Only 41,000 new jobs were added—this figure was far below market expectations. The signals of a cooling labor market were unmistakable, and Wall Street immediately sensed the possibility of rate cuts. Citigroup analysts even projected a significant rate cut of 75-100 basis points by 2026, and the Federal Reserve's stance has softened.

Interestingly, what will happen after this signal appears? The dollar begins to weaken, gold surges straight up, and $BTC remains steady around $92,000—what does this picture reflect? Capital is betting: the dollar may no longer be the optimal choice.

This is not a temporary wave. Since last year, the attitude of global central banks toward the dollar has been changing. Central banks worldwide are frantically accumulating gold reserves, and the dollar's share of global foreign exchange reserves has fallen to 42%, the lowest in 25 years. On one side are trust cracks caused by geopolitical tensions, and on the other side is the weakening of economic fundamentals. The dollar is facing dual pressure on trust and value.

In the short term, this Friday's non-farm payroll data will be crucial. But from a longer cycle perspective, the de-dollarization trend has already begun. As more and more transactions bypass dollar pricing, and global enthusiasm for US bonds and US stocks cools, an unavoidable question will surface: what will be used for valuation?

What do you think? Is dollar hegemony gradually weakening, or is it facing a more intense shock? Can $BTC break through $100,000 this year?