🚨 US Dollar Hits 3-Year Low — Bitcoin Eyes New All-Time Highs
🔻 As the U.S. Dollar Index (DXY) drops below 97, reaching its lowest level in 3 years, Bitcoin (BTC) is catching fresh momentum — trading at $108,993 today, despite a slight 0.74% dip in the last 24 hours.
🔎 Key Drivers:
✅ DXY down 11% YTD amid Fed’s rate pause
✅ Strength in jobs market keeps Fed cautious
✅ Traders now look to Bitcoin as a macro hedge
📊 With the dollar weakening, Bitcoin’s appeal as a decentralized store of value is rising — setting the stage for a potential rally toward new ATHs.
🌐 This is more than just crypto—it’s macro at play.
#Bitcoin #USDollar #DXY #MacroEconomics #CryptoMarkets
https://coingape.com/markets/bitcoin-price-targets-all-time-highs-as-us-dollar-index-falls-to-lowest-level-in-3-years/?utm_source=bnb&utm_medium=coingape