Dollar Index Falls Below 98 for First Time in Three Years, Gives Room for Crypto Run

Dollar Index Falls Below 98 for First Time in Three Years, Gives Room for Crypto Run

The dollar index (DXY), a measure of the U.S. dollar’s strength against a basket of major global currencies, dropped below 98 for the first time since early 2022. This move signals a notable shift in global

DXY: Will the US dollar index crash as Morgan Stanley predicts?

.rssg-titlesonly { border-bottom: 1px solid #dadada; margin-bottom: 20px; padding-bottom: 20px; } .rssg-title { font-size: large; font-weight: 700; line-height: 1.2; margin-bottom: 3px; } .rssg-source-date { font-size: small; } DXY: Will the US dollar index crash as Morgan Stanley predicts? - Invezz • June 12, 2025, 7:28 am

Weakening Dollar Index Sparks Optimism for Bitcoin Rally

The U.S. Dollar Index (DXY) has fallen below 98 for the first time since early 2022, marking a significant shift in global currency dynamics and boosting sentiment for risk assets like Bitcoin (BTC), currently trading at $107,134.64. A lower DXY, often associated with weaker dollar strength, tends to benefit speculative markets by easing financial conditions and enhancing global liquidity. Historically, a DXY level above 100 signals dollar domin…