Big news in the world of cryptocurrency! The value of the US dollar has been going up and down, and this affects Bitcoin. Think of it like a seesaw – when one goes up, the other can go down (or vice versa).
- The US dollar's strength is measured by something called the DXY index.
- When the DXY goes down, Bitcoin often goes up.
- Recently, the DXY fell, and Bitcoin's price jumped to over $88,000!
- Experts are watching the economy closely to see what happens next.
| Thing | Number |
|---|---|
| Bitcoin's price (high) | $88,000+ |
| DXY index (low) | Below 105 |
| Unemployment rate | 4.0% |
