Tag: trade tensions

Dollar's "Crisis of Confidence" Boosts Bitcoin Amid Trade Tensions

Dollar's "Crisis of Confidence" Boosts Bitcoin Amid Trade Tensions

The ICE U.S. Dollar Index has dropped all the way to its lowest point since 2022. This steep drop is a good demonstration of the U.S. dollar’s ongoing “crisis of confidence.” This negative market landscape is at some point boosting other assets, such as Bitcoin, it has proven resilient regardless...