• bitcoinBitcoin (BTC) $ 108,236.00
  • ethereumEthereum (ETH) $ 2,551.69
  • tetherTether (USDT) $ 0.999928
  • xrpXRP (XRP) $ 2.29
  • bnbBNB (BNB) $ 662.06
  • solanaSolana (SOL) $ 151.65
  • usd-coinUSDC (USDC) $ 0.999901
  • tronTRON (TRX) $ 0.286964
  • dogecoinDogecoin (DOGE) $ 0.169566
  • staked-etherLido Staked Ether (STETH) $ 2,553.14
  • cardanoCardano (ADA) $ 0.582432
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,267.00
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  • bitcoin-cashBitcoin Cash (BCH) $ 496.02
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  • the-open-networkToncoin (TON) $ 2.79
  • wrapped-eethWrapped eETH (WEETH) $ 2,734.96
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  • litecoinLitecoin (LTC) $ 86.74
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  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999258
  • moneroMonero (XMR) $ 318.33
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  • ethena-usdeEthena USDe (USDE) $ 1.00
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  • bitget-tokenBitget Token (BGB) $ 4.30
  • uniswapUniswap (UNI) $ 7.36
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  • daiDai (DAI) $ 0.999489
  • pi-networkPi Network (PI) $ 0.460168
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 324.30
  • okbOKB (OKB) $ 48.42
  • aptosAptos (APT) $ 4.47
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 184.33
  • nearNEAR Protocol (NEAR) $ 2.17
  • internet-computerInternet Computer (ICP) $ 4.82
  • ethereum-classicEthereum Classic (ETC) $ 16.60
  • crypto-com-chainCronos (CRO) $ 0.081395
  • ondo-financeOndo (ONDO) $ 0.788655
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 0.999926
  • kaspaKaspa (KAS) $ 0.076040
  • mantleMantle (MNT) $ 0.572698
  • fasttokenFasttoken (FTN) $ 4.43
  • cosmosCosmos Hub (ATOM) $ 4.09
  • gatechain-tokenGate (GT) $ 15.49
  • vechainVeChain (VET) $ 0.020672
  • bonkBonk (BONK) $ 0.000023
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.671536
  • official-trumpOfficial Trump (TRUMP) $ 8.65
  • skySky (SKY) $ 0.078856
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.186339
  • ethenaEthena (ENA) $ 0.261580
  • arbitrumArbitrum (ARB) $ 0.333958
  • render-tokenRender (RENDER) $ 3.20
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,422.00
  • filecoinFilecoin (FIL) $ 2.28
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,555.84
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • algorandAlgorand (ALGO) $ 0.176065
  • worldcoin-wldWorldcoin (WLD) $ 0.882074
  • usdtbUSDtb (USDTB) $ 0.999594
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997663
  • sei-networkSei (SEI) $ 0.259369
  • binance-staked-solBinance Staked SOL (BNSOL) $ 160.62
  • kucoin-sharesKuCoin (KCS) $ 10.97
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.441818
  • spx6900SPX6900 (SPX) $ 1.33
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,676.08
  • nexoNEXO (NEXO) $ 1.22
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,912.83
  • fartcoinFartcoin (FARTCOIN) $ 1.19
  • flare-networksFlare (FLR) $ 0.016432
  • celestiaCelestia (TIA) $ 1.60
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999780
  • xdce-crowd-saleXDC Network (XDC) $ 0.064999
  • injective-protocolInjective (INJ) $ 10.56
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.53
  • blockstackStacks (STX) $ 0.652062
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999749
  • sonic-3Sonic (S) $ 0.308997
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,727.27
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,681.44
  • optimismOptimism (OP) $ 0.546721
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014800
  • pax-goldPAX Gold (PAXG) $ 3,317.62
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,246.00
  • story-2Story (IP) $ 3.16
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,078.00
  • wbnbWrapped BNB (WBNB) $ 661.79
  • kaiaKaia (KAIA) $ 0.149478
  • paypal-usdPayPal USD (PYUSD) $ 0.999471
  • dogwifcoindogwifhat (WIF) $ 0.856008
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,698.20
  • clbtcclBTC (CLBTC) $ 110,531.00
  • the-graphThe Graph (GRT) $ 0.084334
  • tether-goldTether Gold (XAUT) $ 3,309.07
  • flokiFLOKI (FLOKI) $ 0.000084
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 170.30
  • immutable-xImmutable (IMX) $ 0.421624
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.27
  • vaultaVaulta (A) $ 0.480710
  • msolMarinade Staked SOL (MSOL) $ 198.66
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,759.28
  • ousgOUSG (OUSG) $ 111.69
  • curve-dao-tokenCurve DAO (CRV) $ 0.510065
  • theta-tokenTheta Network (THETA) $ 0.697169
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998154
  • lido-daoLido DAO (LDO) $ 0.736695
  • jito-governance-tokenJito (JTO) $ 1.89
  • galaGALA (GALA) $ 0.014268
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • zcashZcash (ZEC) $ 38.49
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.65
  • iotaIOTA (IOTA) $ 0.159629
  • saros-financeSaros (SAROS) $ 0.234699
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.64
  • the-sandboxThe Sandbox (SAND) $ 0.245376
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • jasmycoinJasmyCoin (JASMY) $ 0.012273
  • aerodrome-financeAerodrome Finance (AERO) $ 0.695163
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,665.00
  • raydiumRaydium (RAY) $ 2.19
  • usual-usdUsual USD (USD0) $ 0.998219
  • syrupMaple Finance (SYRUP) $ 0.543035
  • super-oethSuper OETH (SUPEROETH) $ 2,560.09
  • tbtctBTC (TBTC) $ 108,289.00
  • pyth-networkPyth Network (PYTH) $ 0.098021
  • walrus-2Walrus (WAL) $ 0.403260
  • pendlePendle (PENDLE) $ 3.40
  • newton-projectAB (AB) $ 0.008353
  • tezosTezos (XTZ) $ 0.525111
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,726.53
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,552.04
  • falcon-financeFalcon USD (USDF) $ 0.999448
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,675.11
  • flowFlow (FLOW) $ 0.328141
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,415.00
  • decentralandDecentraland (MANA) $ 0.267749
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,552.53
  • venomVenom (VENOM) $ 0.241035
  • staked-hypeStaked HYPE (STHYPE) $ 39.65
  • coredaoorgCore (CORE) $ 0.495064
  • true-usdTrueUSD (TUSD) $ 0.999193
  • bitcoin-svBitcoin SV (BSV) $ 24.52
  • apecoinApeCoin (APE) $ 0.609809
  • ripple-usdRipple USD (RLUSD) $ 0.999724
  • chain-2Onyxcoin (XCN) $ 0.013849
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999901
  • thorchainTHORChain (RUNE) $ 1.34
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  • beldexBeldex (BDX) $ 0.061379
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  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.169883
  • based-brettBrett (BRETT) $ 0.043666
  • heliumHelium (HNT) $ 2.35
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  • usddUSDD (USDD) $ 0.999512
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007135
  • hashnote-usycCircle USYC (USYC) $ 1.09
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  • stader-ethxStader ETHx (ETHX) $ 2,714.89
  • dydx-chaindYdX (DYDX) $ 0.525220
  • mog-coinMog Coin (MOG) $ 0.000001
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  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,818.77
  • telcoinTelcoin (TEL) $ 0.003818

The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom

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The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom

The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies.

According to Bloomberg data from Global Macro Investor, the index’s one-week percentage drop has exceeded a negative four standard deviation move—a rare event that has only occurred three other times in bitcoin’s (BTC) history.

These previous occurrences include November 2022, when bitcoin hit its cycle low of $15,500 during the FTX collapse; March 2020, amid the covid 19 pandemic, when bitcoin briefly fell below $5,000; and the 2015 bear market, when bitcoin traded around $250. Each time the DXY Index suffered a drop larger than a -4 standard deviation, it coincided with a bitcoin bottom, followed by significant price gains.

Additionally, CoinDesk research highlights that the DXY Index is currently declining at a faster rate than in President Trump’s first term— a period that aligned with the 2017 bitcoin bull run. A decline in the DXY Index tends to be favourable for risk-assets, however a DXY index above 100, is still considered strong, currently at 103.8.

DXY 1-Week % Change (LSEG Datastream, Bloomberg, Global Macro Investor)

Source

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