Steady purchasing demand at Bitcoin’s lower support levels is keeping the pressure on the $95,000 BTC resistance zone.
Dollar News
The dollar is the national currency of the United States and some other countries. Some of the most common currencies using the dollar moniker are the U.S. dollar, the Canadian dollar and the Australian dollar. Since World War II, it has been the world’s primary reserve currency. In 1971, U.S. President Richard Nixon depegged the dollar from gold, making it a fiat currency. Dollarization in other countries allows citizens to use it unofficially.
In contrast, Bitcoin, a decentralized digital currency, challenges the dollar’s hegemony. Discussions on de-dollarization arise as countries seek to diversify financial systems, reducing reliance on the dollar. This shift raises questions about the dollar’s long-term status and prompts reevaluations of global economic strategies.
The Federal Reserve System holds the authority to issue U.S. dollars, and all dollar bills issued since 1861 remain legal tender. The dynamic interplay between the dollar, Bitcoin and de-dollarization underscores the evolving landscape of global finance.
- Price Analysis4407
- News
Abu Dhabi’s MGX will use a Trump-affiliated stablecoin to settle a $2 billion investment into Binance in one of Web3’s largest funding deals.
5221 - Markets News
Bitcoin price is still “undervalued” despite the recent surge in institutional investor purchasing.
5655 - News
Billionaire Ray Dalio says Donald Trump’s tariffs fuel deglobalization and unsustainable trade imbalances, which could lead to a breakdown in the global monetary order.
10847 - Price Analysis
Bitcoin faces selling at $95,000, but steady buying at the lower end of the trading range hints at a brief period of healthy consolidation.
10609 - Market Analysis
New Bitcoin price highs could be driven by activity in US Treasurys and central banks boosting exposure to gold.
5563 - Explained
Learn how sUSD, once pegged at $1, dropped to $0.68 and what steps Synthetix is taking to restore stability in the volatile world of crypto.
- Market Update
Bitcoin’s surge to $95,000 aligns with various models predicting $130,000 to $200,000 by Q4 2025.
6764 - Altcoin Watch
XRP price is down 5% on April 24, but a rebound above $2.18 indicates that the pullback may be short-lived.
1194 - News
Bitcoiner Prince Filip expects a BTC “omega candle” due to Bitcoin’s economic properties, but warns that the price may be suppressed by market participants.
10662 - News
Scott Bessent said institutions such as the IMF and World Bank must correct trade imbalances and protect the value of fiat currencies against exchange rate risks.
11226 - Market Analysis
Bitcoin’s Easter weekend rally marks a shift in market sentiment as institutional players make their move. Will it last?
19064 - News
Gold advocate Peter Schiff said that gold’s abnormal 31% rally in 2025 holds negative implications for the US dollar.
4129 - Price Analysis
Bitcoin’s strong up move increases the likelihood of a rally to $95,000, signaling that the bottom may be in.
4488 - Market Update
Bitcoin is increasingly abandoning its stocks correlation to copy gold’s upside, while the dollar dives and trade war fears continue to grip markets worldwide.
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