At 97, the US Dollar Index Tightens Under Fed’s Grip - Here’s What It Means for Crypto

The dollar's reign faces fresh pressure as the Fed flexes its monetary muscles—and digital assets are watching closely.

Market Shockwaves

When the DXY hits 97, traditional finance trembles. The Fed's hawkish stance isn't just squeezing liquidity—it's pushing investors toward alternative stores of value. Bitcoin doesn't wait for permission to rally.

Crypto's Countermove

While fiat currencies dance to central bankers' tunes, decentralized networks operate on their own rhythm. No emergency meetings, no surprise rate decisions—just code executing predictably across thousands of nodes. Funny how the 'barbarous relic' crowd now champions digital gold.

Finance's Favorite Irony

Wall Street still thinks volatility is a four-letter word while quietly accumulating crypto exposure. They'll deny it until their quarterly filings drop—then act like they invented the concept of digital scarcity. Classic.

USD Index Sways Violently Over Fed Interest Rate Cut Dynamics

The Federal Reserve is speculated to announce new rate cuts. These rate cuts are mentioned in plural, translating to the fact that odds are pointing towards more than one rate cut scenario that can unravel this year. Per a recent Reuters report, the latest survey conducted by the platform shared how experts are expecting three rate cut scenarios to be announced at max, with two to be scheduled for announcement this year. These buildable speculations are taking a heavy toll on the USD and the US dollar-backed assets, which have noted a significant new low, with the USD index sitting at 97 at press time.

Said Mohit Kumar, strategist at Jefferies.

At the same time, US President Donald TRUMP is pressuring the Fed chair, Jerome Powell, to announce a bigger cut, putting the dollar in further jeopardy.

Trump wrote, referring to Powell.

Alternate Assets Soar On USD’s Debasement

While the US dollar index tanks and hits new lows, alternative assets such as gold, silver, and BTC are all poised to gain strategically ahead. Bitcoin may end up securing a new price high in the process, breaking past its $115K ceiling.

Moreover, per Rashad Hajiyev, gold may also explore new breakout points, eyeing $3700 in the NEAR future.

Spot Gold is about to knock knock on $3,700…

As far as silver is concerned, Hajiyev expects the metal to hit $50 by next week.

Spot gold is about to knock knock on $3,700…