Market analysts are warning that Bitcoin (BTC) could face significant downward pressure following a sharp decline in the US dollar index (DXY).
The DXY has experienced a substantial drop exceeding 10%, a shift flagged by analysts as potentially destabilizing for Bitcoin’s current price level.
The potential consequences extend to Bitcoin’s valuation, with predictions suggesting the cryptocurrency could fall below the critical psychological threshold of $100,000.
In related market infrastructure news, cryptocurrency exchange Binance announced an impending update to its collateral valuation rules for Bitcoin.
Effective July 4, 2025, Binance will adjust the Bitcoin Initial Collateral Ratio utilized within its Investment Portfolio Margin accounts.