Bitcoin Bulls Shrug August Losses
Also Read: BRICS: Brazil To Incorporate Government Bonds in CBDC Digital Currency

Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also, Citi Bank’s analysts suggest that high foreign exchange currencies like the Euro and Pound could dip in tandem with the US dollar. The bank remains cautious about the Euro and wrote that its growth could lag in the currency economic crisis. This puts the US dollar and Euro under the spotlight allowing BRICS currencies to move ahead. Economists call for a U.S. recession and ultimately an ECB pivot,”