The market does not show any very obvious positive factors, so how did BTC rise? Here’s a perspective:
Weakening dollar → Safe-haven demand → Bitcoin rise → U.S. stock correlation risk → Operational focus → Risks and opportunities coexist
The weakening dollar is the core driving factor behind the recent rise in Bitcoin prices. The exchange rate fluctuations caused by ZC intervention have intensified global capital's demand for safe havens, making crypto assets a refuge for funds.
However, potential fluctuations in the U.S. stock market may affect the digital currency sector, and future market trends need to closely monitor the direction of the dollar index and the linkage effect with the U.S. stock market. The current market is in a complex environment where bullish and bearish factors intertwine, and we still need to pay attention to potential risks.
