Big news for Bitcoin! Experts think the price of Bitcoin might go up because the US dollar is getting weaker. This happened before, during the COVID-19 pandemic and after the election of Donald Trump. It's all about how people invest their money.
- The US dollar is getting weaker.
- Bitcoin's price went up almost 6% recently.
- Experts think this could be good news for Bitcoin in the next few months (Q2).
- Historically, when the dollar weakens, Bitcoin tends to do well.
| Fact | Number |
|---|---|
| Bitcoin's current price | $91,860 |
| Bitcoin's average Q2 return (since 2013) | 26.89% |
| US Dollar Index (DXY) drop (since Feb 5) | 2.79% |
