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by: xpoolPosted on: May 11, 2025

Bitcoin Soars Amidst Weakening US Dollar

Bitcoin recently experienced a significant surge, surpassing the $100,000 milestone within a single month, driven largely by a weakening US dollar index. Economist Tomas highlighted this trend on social media platform X, stating that the 3.93% decrease in the dollar index during the first quarter fueled a strong rally for risk assets three months later. This dynamic appears to be directly influencing Bitcoin’s price trajectory.

Related posts:

  1. Bitcoin’s Last Bull Run Signal Returns: Analyst Spots Dollar Index Below 100
  2. Dollar Index Falls Near Multi-Year Lows, Bitcoin Hints at Rebound Potential
  3. Trump’s Dollar Decline Leaves Bitcoin Market Vulnerable
  4. Bitcoin’s Bulls Fuel Up: Analyst Sees Strong Turning Point Amid Weakening Dollar
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