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
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
The GMCI data suggests that the meme coin rally has cooled off, though meme coins still have a strong lead over Bitcoin and Ethereum. The GMCI Meme Index, which tracks the leading meme coins by market capitalization, is down by approximately 60% since its Dec. highs. Despite this decline, GMCI meme (730 points) still maintains … Read more