... China have raised concerns about the stability of the dollar-based system. Many nations, seeking to avoid reliance on the dollar, have started exploring alternative means for conducting cross-border transactions. Putin pointed out that these sanctions risk undermining the dollar’s global trust, describing this as a “serious mistake” on the part of the U.S. government. Is a BRICS Currency Realistic? The concept of a BRICS currency has been a topic of ongoing debate among economists and policymakers....

... how other major economies approach crypto will influence how smoothly Bitcoin integrates into the traditional financial system. Macroeconomic conditions add another layer of uncertainty. If 2025 brings economic turbulence or shifts in interest rates, risk assets like Bitcoin could face headwinds. For example, rising rates or a strong dollar might temporarily reduce appetite for Bitcoin, as investors favor safer assets. Conversely, persistent inflation or geopolitical tensions could enhance Bitcoin’s appeal as an alternative store of value. Nonetheless, in a severe market-wide “risk-off” event, Bitcoin would likely see selling pressure along with other speculative assets. Both institutional and retail ...

... cryptocurrency growth. Additionally, an economic slowdown or signs of recession may prompt central banks to launch stimulus programs—this “easy money” often partially flows into Bitcoin and Ethereum in search of higher yields. On the flip side, risks cannot be ignored: a sudden spike in inflation or other economic shocks (e.g., geopolitical conflicts, energy crises) could lead to a return to tightening policies, cooling interest in crypto-assets. The key macro indicator is the Fed's key rate: an increase in May seems unlikely, but if the regulator's rhetoric turns hawkish again,...

... August under the influence of mixed factors. The conclusion of the tax period at the end of July has weakened support for the national currency, and last week the exchange rate fell to around ~80 rub/$ amid balancing between high export revenues and geopolitical risks. On Tuesday, market participants anticipate decisions from the Ministry of Finance and the Central Bank of Russia regarding currency operations volumes under the budget rule for August. If the regulator resumes significant foreign currency purchases ...

..., conversely, recovery). The political situation is also important: a stable government, predictable legislation, absence of geopolitical tension create favorable conditions for business, while political crises or sanctions can negatively affect the securities ... ... is an understanding of whether the environment is favorable for the company's activities or whether it faces serious external risks. Company (issuer) analysis. The third stage is an in-depth study of the company itself that issued the shares. Here, the ...