Dollar Slumps to 3-Year Low, Triggering Gold and Bitcoin Surge

The US Dollar Index experienced a significant decline on April 21, 2025, dropping to its three-year low of 97.92. This drop contributed significantly to gold reaching an all-time high of $3,430.4 per ounce and Bitcoin reportedly surpassing the $87,000 mark. Adding to the volatility, President Trump has publicly criticized Fed Chair Jerome Powell for his monetary policy decisions, urging for immediate interest rate cuts. 19.