Dollar Index Dips Below 105 While Bitcoin Surges Past $88K
The DXY index has recently fallen below the 105 mark, reaching its lowest point since mid-November. This decline coincides with significant movements in the cryptocurrency market, particularly as Bitcoin BTC has surged past $88K. Analysts suggest that the weakening dollar may be contributing to BTC’s bullish momentum. As market dynamics evolve, investors should remain alert to how the interplay between the dollar index and Bitcoin may shape future price movements.