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.