The Dollar Index (DXY) has fallen below 100 for the first time since April 2022. It has dropped over 10% from its recent high of 110, reaching its lowest level in three years. This decline reflects a shift in investor sentiment away from U.S. assets. Escalating trade tensions with China have contributed to the dollar’s weakening. China recently increased tariffs on U.S. goods, raising the total levy from 84% to 125%. In contrast, bitcoin (BTC) remains resilient, trading steadily above $81,000. Despite the fluctuations in the dollar, BTC has behaved as a low-beta asset compared to equities, maintaining its value amidst economic uncertainty.
Source: www.coindesk.com

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