Bitcoin Plays Chicken With Central Banks As Dollar Falls, Says Expert

Bitcoin Plays Chicken With Central Banks As Dollar Falls, Says Expert
Bitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900. Analysts attribute the downturn to ongoing trade tensions—linked to President Donald Trump’s latest tariff measures—and the fears of a looming recession. Meanwhile, a weakening US Dollar Index (DXY), which has fallen from 110 to 103 since mid-January, coinciding with Trump’s second term in office and could be a potential bullish catalyst for the Bitcoin price. In a series of posts on X, Jamie Coutts, Chief Crypto Analyst at Realvision, offers a look at the current market environment, highlighting two key metrics that could shape central bank policy—and, by extension, Bitcoin’s trajectory. “Bitcoin is like playing a game of Chicken with central banks,” Coutts writes. Related Reading: This Bitcoin Signal Aligns With Price Tops, CryptoQuant Analyst Reveals He explained that while the dollar’s recent decline supports a bullish framework for Bitcoin, rising Treasury bond volatility (tracked by the MOVE Index) and ..

Support the originator by clicking the read the rest link below.