Strategist: A weaker dollar could help Bitcoin rise again

On June 12, LMAX Group strategist Joel Kruger said in a report that a weaker dollar, coupled with increased investor risk appetite, could help boost Bitcoin again. Bitcoin fell 1.7% amid trade uncertainty and concerns about tensions in the Middle East. The dollar index fell to a three-year low of 97.789. "A weak dollar is generally good for cryptocurrencies, and a potential rebound in Bitcoin and Ethereum will be supported as investors turn back to riskier assets." (Jinshi) $BTC