US dollar hits 3-year lows, Bitcoin uptrend continues

From Cointelegraph

June 25, 2025 11:32 PM:

Analysts note the US dollar’s lack of safe-haven strength amid Iran-Israel conflict, while Bitcoin aims for $111,970 ATH. Real Vision analyst Jamie Coutts says “fiat is fading” as DXY hits lowest point since February at 97.50. Traders expected shift to USD or bonds during conflict, but Bitcoin remains strong at $107,930 post-ceasefire.

Bitcoin saw volatility, briefly dropping below $100,000 before bouncing back to $107,930 post-Trump ceasefire. Analysts highlight Bitcoin’s resilience and bullish control. Despite risk-off conditions, Bitcoin is down 0.29% over the past month. Analysts see Bitcoin as today’s emerging market trade amid macro environment similarities to early 2000s.

Real Vision’s Coutts draws parallels to 2002-2008 dollar depreciation, which led to capital rotation into emerging markets and commodities. Coutts notes capital moving into high-growth, young economies like BRICS, with crypto now being today’s emerging market. Capital is flowing where the energy is, with crypto as the new emerging market.

Read more at Cointelegraph: US Dollar Taps 3 Year Lows As Bitcoin Resumes Uptrend