The dollar is experiencing one of the largest declines in its history.

The dollar index has fallen by 15.6% compared to its peak in 2022. This is the most significant drop since 2017.

Typically, a weakening dollar is a positive factor for the crypto market. However, against the backdrop of increased demand for gold and the carry-trade crisis, we do not yet see the standard reaction from the crypto side.$BTC

BTC
BTC
87,657.04
+0.44%

$ETH

ETH
ETH
2,934.38
+1.41%

$XRP

XRP
XRP
1.8849
-1.16%