#USCryptoWeek Bitcoin is holding at $117,761, up 8% this week, while the US dollar is looking tired. The WSJ Dollar Index, which tracks the dollar against major currencies, closed at 94.73, just above recent lows and down 10.4% from its 2022 high.
The dollar’s weakness is driving capital into digital assets as investors seek alternatives to traditional stores of value.
The dollar’s weakness is driving capital into digital assets as investors seek alternatives to traditional stores of value.