The dollar has depreciated by 10% since the beginning of the year

The dollar index stands at 97.3 points, levels not seen since January 2022

The dollar may be entering its third major bearish cycle, according to analysts.

Bitcoin strongly outperforms the dollar, appreciating by 17% in 2025.

The U.S. dollar has had poor performance in 2025, with its index (DXY) at levels not seen in almost 4 years, indicating a deterioration in the greenback against other national currencies.

As seen in the following chart from TradingView, the DXY has fallen by 10.3% since January 2025, returning to 97.3 levels not seen since January 2022:

The dollar index compares the greenback against six currencies (the euro, the British pound, the Canadian dollar, the Swedish crown, the Swiss franc, and the yen). This metric reflects the strength of the asset in the international economy.#crecimiento