Bitcoin Bulls Rejoice? Analyst Sees Weakening US Dollar As Major Catalyst
2025-07-04 01:20:49
Description
As Bitcoin (BTC) continues to trade within a tight range of $96,000 to $102,000, analysts are eyeing a potential bullish catalyst in the weakening US dollar (USD). A further decline in the USD could trigger renewed bullish momentum for risk-on assets, including BTC. Weakening USD Good For Bitcoin Price, Analyst Says BTC has had quite a tumultuous past few days, plunging as low as $91,000 amid rising geopolitical tensions surrounding US President Donald Trump’s proposed trade tariffs on Canada, C...
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