The market has risen these days due to the sharp decline in the US dollar index.
Investors are reassessing the positioning of Bitcoin: "When the trade war triggers a dollar credit crisis, Bitcoin's non-sovereign nature becomes the ultimate tool for hedging against fiat currency depreciation."
So when US stocks decline, BTC rises conversely, and the inflow of funds is evident.
This morning, Trump softened his stance on tariffs, will $BTC rise back to 100k?
Currently, the market is down due to the impact of tariffs, and with the negative news mostly out, this information is undoubtedly very good news for the market, suggesting a more cautious wait for specific public content.
Personal opinion: A short-term rebound, the market situation remains grim, caution is still needed. Despite the easing of tariffs, most people in the market remain fearful, and the uncertainties surrounding the new administration are too many; a significant correction is still possible. Does the easing of tariffs mean the dollar index will return to its original position?
