A weaker dollar could help Bitcoin rally again
a day ago
Odaily News LMAX Group strategist Joel Kruger said in a report that a weaker dollar, coupled with increased investor risk appetite, could help boost Bitcoin again. Bitcoin fell 1.7% due to trade uncertainty and concerns about tensions in the Middle East. The dollar index fell to a three-year low of 97.789. "A weak dollar is generally good for cryptocurrencies, and a potential rebound in Bitcoin and Ethereum will be supported as investors turn back to riskier assets." (Jinshi)
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