The dollar collapses and bitcoin goes up to Trump’s comments

Bitcoin (BTC) prices have increased by a week, while other financial assets are weak.

American bags closed on Monday, sharpening last fall. and The US dollar value compared to the mainfoot (DXY) currency is 97 points.the lowest in three years.

With this move, DXY is 40% below the previous maximum 163 points at the level marked 40 years ago.

Meanwhile, Bitcoin remained around US$85,000 last week, but it rebounded at its beginning. And starting this Tuesday, US$90,000 has arrived, the biggest in a month.

therefore, Bitcoin It starts to show correlation with goldwe have not suspended registration of new record prices during this period. It’s already exceeded US$3,500 per ounce.

This week’s moves in assets, as shown below, come after US President Donald Trump warned Monday morning about the possibility of the recession being unleashed.

“Many people are asking for ‘preventive cuts’ in interest rates,” the president said through his social network of social truths. And he thought that was an order that seemed necessary given the reduction in inflation while interest rates were high.

According to the latest report released in April, the country’s annual consumer price index fell to 2.4% for the second consecutive month. “There’s practically no inflation,” Trump said.

“These costs worked very well, and there’s little inflation, just what I predicted they would do, but there could be an economy sinking unless we lower interest rates that are “too late” and a big loser,” Trump criticized Federal Reserve President Jerome Powell.

That was a contrast Europe has already cut its fees seven timesafter raising the maximum level in 2022 in 20 years, the US and others. “Powell is always “too late,” except when it was in the election era, when he went to help Joe Biden and later Kamala get selected,” he emphasized from his opinion.

Trump gives more to lower interest rates

Trump’s comments have increased the Fed’s pressure after threatening to say goodbye to Powell last week.

US interest rates fell for the third consecutive year, They have remained frozen at 4.5% per year since 2025. In March, Powell repeated his predictions that he would make two cuts this year, but made it clear that doing so would “not be bothered” given the strength of the economy and the labor sector.

The US import tariffs imposed since Trump took over the mission three months ago also create a greater possibility of inflation. Estimates from Banco Goldman Sachs The chances of a recession are increasing Because of a crisis affecting the market.

Given the tariff policy, action and Bitcoin have stopped the trend of achieving new record prices. Meanwhile, gold, which usually rises during an era of macroeconomic uncertainty, continued this action, which began last year.

but, The loss of correlation between Bitcoin and behavior last week will result in the hopes of the impulse for evacuation assets to grow. Quality similar to gold, including the lack of decentralized supply and mining, allows this scenario driven by the inclusion of BTC in the US reserve, providing greater legitimacy.

Beyond the political conflict between Trump and Powell, it should be noted that there has been some anticipated recession among experts for some time. Mainly, this will resolve the Covid-19 crisis based on printing money at the record level created by the central bank. This leads to a loss of purchasing power.

In this context, The market is maintained in the face of macroeconomic developmentinvites operators to pay attention to their progress and growing stories on their assets.