Bitcoin’s negative funding rate and a cooling tech sector in the US add pressure to markets and contribute to BTC failing to trade above $70,000.
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.
- Market Analysis3432
- Price Analysis
The relief rallies in Bitcoin and several major altcoins are stalling near their respective overhead resistance levels, signaling that the bears remain in control.
3153 - News
Fiserv launches a 24/7/365 settlement platform for digital asset companies, aiming to reduce banking friction and improve US dollar liquidity.
3589 - News
State Street said the US dollar may fall to multi-year lows if the Fed cuts rates more aggressively, a scenario that could shift capital toward Bitcoin and risk assets.
2275 - Market Analysis
Long-term Bitcoin holders sold 245,000 BTC as the price fell under $60,000 last week, but a fresh set of US macroeconomic cues and an uptick in BTC dip-buyers may signal that the market has bottomed.
3262 - Price Analysis
Bitcoin and several major altcoins are not out of the woods yet, especially since they face significant selling near their range highs. Do charts show BTC and altcoins forming a bottom?
4287 - Price Analysis
Bullish traders finally showed up to buy the dip in Bitcoin and altcoins as they fell to new 2026 lows, but selling at the intraday range highs may prove that the market correction is far from over.
4522 - Newsletter
As the dollar weakens, investors are turning to gold — onchain and off — while Bitcoin increasingly plays a supporting role in hedging currency risk.
4326 - News
Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.
3633 - News
The FOMC paused rate cuts, but a weakening dollar may be doing the easing instead, reshaping expectations for Bitcoin, crypto markets and US monetary policy.
2330 - Market Update
Bitcoin disappointed with an apparent failed breakout above $90,000 after gold soared to fresh highs and US dollar strength nosedived.
2345 - Market Analysis
Bitcoin dropped below levels that historically marked cycle bottoms versus gold and preceded major rallies in dollar terms.
2293 - News
Tether has launched USAt, a dollar-pegged stablecoin designed to operate in the US under the GENIUS Act framework, with Anchorage as its banking partner.
2672 - News
In his latest interview, American media personality Tucker Carlson challenged Peter Schiff on whether Bitcoin can fix the declining US dollar system.
2720 - News
Tether’s XAUt tokenized gold now accounts for more than half of the gold-backed stablecoin market as the US dollar weakens amid renewed safe-haven demand.
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