The US dollar index has fallen sharply, with a decline of over 10% in the first half of the year. This devaluation has led to significant fluctuations in the cryptocurrency market, particularly affecting the price trend of Bitcoin. Market analysts believe that Bitcoin may face downward pressure and could potentially fall below the $100,000 mark in the short term. These fluctuations are influenced by macroeconomic factors, including changes in monetary policy and investor sentiment towards risk assets. Traders and institutional investors are advised to closely monitor currency fluctuations, as these fluctuations could have a significant impact on cryptocurrency valuations and portfolio strategies. Being keenly aware of these trends is crucial for accurately navigating the ever-changing landscape of digital assets.
