Zwakkere dollar en kapitaal dat de VS verlaat, wat betekent dit voor Bitcoin
Last Updated on 13 April 2025 by CryptoTips.eu
The DXY, also known as the dollar index, has fallen through its support line this week. In just a few days, it lost about 4% against the Euro. That’s a massive move.
This is mainly because investors expect the trade war between China and the United States to affect the latter’s trade most of all. After all, the United States has a large mountain of debt, while China has enough fiat reserves to survive for a while. What does a weaker dollar mean for Bitcoin?
Fiat
The DXY, or Dollar Index, is an indicator that measures the value of the US dollar against a basket of six major currencies, such as the euro, the yen or the British pound. In other words, it is a kind of ‘thermometer’ for the strength of the dollar on world markets.
When DXY rises, it means that the dollar is getting stronger against these other currencies, which can have significant consequences for the financial markets. A strong dollar makes dollar-denominated assets, such as Bitcoin, more expensive for international investors. This dampens the demand for Bitcoins and puts downward pressure on the price.
🚨China is Dumping Dollars?
— Sandeep Nirvan (@Sandeepnirvan_) April 11, 2025
Dollar Index gone below 100 for the first time after July 2023.
US Treasury Yield is going up while Dollar is crashing. Both should have been in Syn!!
It's seems confidence of Investors towards US is going down 👎. pic.twitter.com/DGza71cPnr
However, since this week we have seen the world turn upside down. Due to the import tariffs of the United States on China (and vice versa), investors expect the American economy to shrink (while Europe’s outcome still looks reasonable). This results in a falling dollar, a falling oil price (which is quoted in dollars) and, importantly for a crypto site, more opportunities for Bitcoin to rise.
Because if the value of the dollar falls, Bitcoin rises.
In addition, investors are withdrawing their capital from the American stock exchanges at the moment and investing it in other assets. Gold is the main beneficiary of this at the moment, but in the long term, this could also mean a rising investment percentage into Bitcoin.
At the time of writing, the largest digital currency trades for $84,000.