Bitcoin (BTC) outshined the otherwise volatile alternative cryptocurrencies early Monday as the dollar index (DXY) crashed to a three-year low on reports that President Donald Trump is exploring ways to remove the Federal Reserve Chairman Jerome Powell.

BTC rose over 2% to $87,200, hitting the highest since April 2, according to data from CoinDesk. The move marked a bullish resolution to the recent consolidation between $83,000 and $87,000. Major alternative cryptocurrencies such as payments-focused XRP, Ethereum's ether and Cardano's ADA rose over 1% each, lagging BTC.$BTC #Bitcoin❗