Why crypto prices spike yet Dow Jones, US dollar index fall

Why crypto prices spike yet Dow Jones, US dollar index fall

Crypto prices rose this week as US stock indices like the Dow Jones, S&P 500, and the Russell 2000 dropped sharply. The US dollar index also had the worst performance since April, when Donald Trump announced his “reciprocal” tariffs. Bitcoin (BTC) jumped to a record high of $111,900, while the market capitalization of all altcoins … Read more

Bitcoin to $1 Million? Bold Forecast Tied to U.S. Dollar Trouble

It wouldn’t be crypto without a bold prediction or two, but this one’s turning heads. Market experts have just thrown out a forecast that Bitcoin could climb all the way to $1 million per coin. That’s not a typo. One. Million. Dollars. It’s a jaw-dropping figure, and not just crypto hype. The prediction is backed … Read more

Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund

Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund

Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based version of its U.S. dollar money market fund. The proposal, filed with the SEC, aims … Read more

The Dollar Index Drop Signals Bitcoin Bottom

The Dollar Index Drop Signals Bitcoin Bottom

Introduction The recent sharp decline in the U.S. Dollar Index (DXY), marking its fourth largest weekly drop in over a decade, has drawn significant attention from investors worldwide. Historically, steep declines in the DXY have often coincided with key turning points in Bitcoin (BTC) price action, leading many to speculate whether Bitcoin is nearing a … Read more

Blow-Off Top Rally Imminent for Bitcoin and Crypto Amid Rise in US Dollar Supply: Economist Henrik Zeberg

Blow-Off Top Rally Imminent for Bitcoin and Crypto Amid Rise in US Dollar Supply: Economist Henrik Zeberg

A closely followed economist believes that strong rallies are ahead for Bitcoin (BTC) and crypto as he thinks conditions are ripe for policymakers to turn the money printers back on. Citing data from the Atlanta Federal Reserve, Henrik Zeberg tells his 175,200 followers on the social media platform X that the US GDP is projected … Read more