On April 21, 2025, the US Dollar Index (DXY) fell to a three-year low of 97.92 📉. This sharp decline weakened the US dollar. When the dollar is weak, its value decreases against other currencies such as the Japanese Yen, Euro, and British Pound 💵⬇️.
👉When the USD weakens, there is a tendency to seek alternative assets to preserve and grow asset value 🔒💰. Gold, securities, and especially cryptocurrencies, particularly Bitcoin, become attractive options for investors. When there is demand to buy many such assets, their value will increase 📈.
