The dollar index (Dxy), which measures the strength of the US dollar compared to a basket of other currencies, fell below the brand 100 for the first time since April 2022.
In January, Coindesk research noted that the index ofx reflected the model observed during the first term of President Trump – and he now seems to have done that exactly. The index has dropped more than 10% compared to its recent 110 summit and is now at its lowest level in three years.
The feeling of investors continues to move away from American assets, which exerts more in-depth pressure on the dollar, while trade tensions between the United States and China are intensifying.
Just before the press time, China announced an increase in prices on American goods, which increased the total tax to 125%, against 84%, signaling a firm position in the current commercial dispute.
Meanwhile, Bitcoin (BTC), which recently behaved as an asset with a low beta compared to the actions, remains resilient and continues to be negotiated over $ 81,000.
