Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks
CoinDesk
Bitcoin surpassed $89,000 as the U.S. dollar index fell to a four-year low following remarks from President Trump.Summary
Bitcoin advanced to $89,300, up 2.2% in 24 hours, as the U.S. dollar index (DXY) plunged to 95.80, its weakest level in about four years, after President Donald Trump stated he was unconcerned about the dollar's recent declines. Ethereum also rose above $3,000, and gold resumed its upward move, hitting a new record of $5,215 due to the weaker dollar. Some analysts, like those at Bitcoin Vector, suggest a significant bullish reversal is forming, projecting a potential return for Bitcoin to $95,000 based on technical indicators.
(Source：CoinDesk)