The US national debt recently hit a new all-time high (ATH), surging above $36.5 trillion and putting significant pressure on the US Dollar Index (DXY). As the DXY struggles under the weight of mounting debt, crypto analysts believe capital may soon shift to risk-on assets like Bitcoin (BTC). DXY Breakdown Suggests Bitcoin Rally According to…
View More Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On AssetsTag: dxy
Bitcoin Plays Chicken With Central Banks As Dollar Falls, Says Expert
Bitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900. Analysts attribute the downturn to ongoing trade tensions—linked to President Donald Trump’s latest tariff measures—and the fears…
View More Bitcoin Plays Chicken With Central Banks As Dollar Falls, Says ExpertBitcoin Uptrend Soon? Dollar Index Breakdown Sparks Optimism Among BTC Bulls
The US dollar index (DXY) is experiencing one of its largest weekly declines since 2013, fuelling optimism for a potential rally among risk-on assets, including Bitcoin (BTC). The last time the DXY saw such a sharp pullback was during the height of the FTX fiasco in November 2022, which coincided with a Bitcoin bottom. Will…
View More Bitcoin Uptrend Soon? Dollar Index Breakdown Sparks Optimism Among BTC BullsHistoric Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run
This week, the US Dollar Index (DXY) has recorded one of its largest three-day negative performances in recent history. Since Monday, the DXY is down -5.4%, falling from 109.881 to 103.967—an event some market observers interpret as a bullish inflection point for Bitcoin. Jamie Coutts, Chief Crypto Analyst at Real Vision, has drawn on historical…
View More Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run