According to the source, Grayscale's latest research reports the US dollar’s stability is under pressure and highlights BTC and ETH as potential hedges against fiat devaluation (source: Grayscale Research). The report positions Bitcoin and Ethereum as macro hedge assets for managing currency debasement risk in portfolios, emphasizing their use-case as alternative stores of value rather than short-term trades (source: Grayscale Research).

According to @ThinkingUSD, the current bid into Ethereum is being framed as a fiat devaluation trade rather than a pure ETH-led rally, indicating narrative-driven flows into ETH; source: @ThinkingUSD on X, Aug 10, 2025. This highlights a fiat-is-weak narrative that traders monitor when positioning in ETH/USD and ETH/BTC, emphasizing sentiment as the immediate catalyst; source: @ThinkingUSD on X, Aug 10, 2025. The post serves as a real-time sentiment cue rather than a macro or on-chain data point, aiding short-term trade bias in ETH pairs; source: @ThinkingUSD on X, Aug 10, 2025.

According to AltcoinGordon, the value proposition of cryptocurrencies like Bitcoin and Ethereum is strengthened as traditional fiat currencies face ongoing devaluation due to inflation and monetary expansion (source: AltcoinGordon, Twitter, May 15, 2025). For traders, this highlights the potential for sustained bullish momentum in the crypto market, as the weakening of fiat currencies increases demand for digital assets with capped supply. Monitoring macroeconomic indicators such as inflation rates and central bank policies becomes crucial for anticipating crypto price movements, making crypto a key hedge in uncertain monetary environments.