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Analysis: The US dollar index fell by more than 10% in the first half of the year, and BTC may fall below $100,000 in the short term

2025-07-01 12:17

Odaily News TradingView data shows that the U.S. dollar index fell more than 10% in the first half of the year, the worst six-month performance since the third quarter of 1991. U.S. President Trump's trade war and calls for continued interest rate cuts from the Federal Reserve are said to have put pressure on the dollar. "It looks like the dollar could easily fall another 10%... and could fall more in the next 12-24 months," said Dan Tapiero, founder and CEO of DTAP Capital, on X. Analysts believe that BTC faces a risk of selling and may return to below $100,000 in the short term. However, if Bitcoin can stand firm at the upper edge of the consolidation range, the bearish signal will be invalidated, which will lay the foundation for a rebound to $140,000. (CoinDesk)