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Top asset management team helps you profit without hassle
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The US Dollar Index (DXY) has experienced a historic decline of 15.6% from its peak in 2022, dropping to a level of 96.8 points. This is the largest decrease since 2017, preceding a wave of global liquidity and an unprecedented rise in cryptocurrencies, according to data from TradingView.
Historical data indicates that the decline of the dollar is the primary fuel for cryptocurrency markets. In 2017, when the dollar experienced a similar drop, Bitcoin surged by 100 times, from less than $200 to around $20,000.