U.S. Treasury Secretary Benson Reaffirms Commitment $BTC

Remarks Come Amid Sharp Decline in DXY and Renewed Interest in Bitcoin and GoldU.S. Treasury Secretary Scott Bessent stated on Tuesday that the United States remains committed to a strong dollar policy, despite recent market volatility and the dollar index (DXY) dropping to its lowest level in over three years.“The U.S. continues to adhere to a strong dollar policy,” Bessent said in prepared remarks during his financial system address in Washington, D.C.The reaffirmation comes as the U.S. dollar has weakened nearly 9% year-to-date, falling to 98.8 — a level last seen in April 2022 — amid heightened concerns over trade tensions, Treasury buybacks, and potential shifts in monetary policy.Market Context: Dollar Weakness, Crypto StrengthThe timing of ’s statement is notable as Bitcoin (BTC) and gold have surged to multi-week highs, with investors increasingly viewing both assets as hedges against dollar depreciation and macroeconomic instability.BTC recently crossed $94,000, its highest since early MarchGold hit a new all-time high of $3,382 per ounceEquity markets also remain elevated, with the S&P 500 gaining 2.5% on the dayDespite these moves, analysts suggest Benson’s remarks are intended to calm markets and reinforce the U.S. government’s long-standing currency policy.