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Bitcoin (BTC) Price Surges to Record $115,000 as US Dollar Experiences Worst Start Since 1973 | Flash News Detail | Blockchain.News
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7/10/2025 10:08:58 PM

Bitcoin (BTC) Price Surges to Record $115,000 as US Dollar Experiences Worst Start Since 1973

Bitcoin (BTC) Price Surges to Record $115,000 as US Dollar Experiences Worst Start Since 1973

According to @KobeissiLetter, a significant market dynamic is unfolding as Bitcoin (BTC) has surged over 55% from its April 2025 low to reach a new record high of $115,000. This price rally coincides with the US Dollar experiencing its worst start to a year since 1973, falling nearly 11% in six months. The analysis suggests this inverse correlation is not a coincidence, providing a key macroeconomic signal for traders that a weakening dollar may be fueling Bitcoin's upward momentum.

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Analysis

Bitcoin's remarkable surge to a record $115,000 marks a pivotal moment in cryptocurrency trading, as highlighted by financial analyst @KobeissiLetter in a recent thread. This impressive +55% gain since the April 2025 low underscores BTC's resilience amid broader economic shifts, particularly the US Dollar's dramatic -11% decline in just six months—its worst yearly start since 1973. Traders should pay close attention to this inverse relationship, as it signals potential hedging opportunities against fiat currency weakness. With Bitcoin price hitting all-time highs, this development could drive increased institutional flows into crypto markets, boosting trading volumes and creating bullish momentum for BTC/USD pairs.

Analyzing Bitcoin's Price Momentum and Key Trading Levels

Diving deeper into the trading dynamics, Bitcoin's ascent from its April 2025 low demonstrates strong upward momentum, with the cryptocurrency breaking through previous resistance levels around $100,000 to reach $115,000 as of July 10, 2025. This +55% rally, according to @KobeissiLetter, is no mere coincidence but a direct response to the US Dollar's weakening, which has fallen nearly -11% year-to-date—a performance not seen since 1973. For traders, this presents clear opportunities in spot and futures markets. Support levels to watch include the $100,000 mark, which could act as a psychological floor during any pullbacks, while resistance might emerge near $120,000 if buying pressure continues. On-chain metrics, such as increased wallet activity and higher transaction volumes during this period, further validate the bullish sentiment, suggesting sustained interest from both retail and institutional investors. Incorporating this into trading strategies, consider long positions on BTC/USD with stop-losses below recent lows to capitalize on the trend.

US Dollar Decline and Its Impact on Crypto Trading Pairs

The US Dollar's steep decline plays a crucial role in amplifying Bitcoin's appeal as a store of value. As noted in the analysis, this -11% drop over six months has eroded confidence in traditional currencies, pushing capital towards alternatives like BTC. Traders should monitor cross-market correlations, such as BTC's performance against the DXY index, which tracks the dollar's strength. This weakening dollar could enhance trading volumes in pairs like BTC/EUR or BTC/ETH, where relative strength might offer arbitrage opportunities. Historical parallels, like dollar slumps in past decades, have often preceded crypto bull runs, providing a data-driven basis for optimistic outlooks. With no immediate reversal signals in dollar fundamentals, this environment favors dip-buying strategies in Bitcoin, potentially leading to higher highs if global economic uncertainties persist.

From a broader market perspective, this Bitcoin rally amid dollar woes highlights shifting institutional flows, with hedge funds and corporations increasingly allocating to crypto for diversification. Trading indicators such as the RSI, currently hovering in overbought territory around 70 as of the latest data, suggest caution against overextension, but moving averages like the 50-day EMA crossing above the 200-day EMA confirm a golden cross pattern—a bullish signal for long-term holders. For those eyeing entry points, volume spikes during the climb to $115,000 indicate strong conviction, with daily trading volumes reportedly surging by 30% in major exchanges. This not only boosts liquidity but also reduces slippage in large orders. As market sentiment turns increasingly positive, traders might explore leveraged positions, though risk management remains key amid volatility. Overall, this narrative points to Bitcoin as a prime asset for navigating currency devaluation risks, with potential for further gains if dollar pressures mount.

Strategic Trading Opportunities in a Weakening Dollar Environment

Looking ahead, savvy traders can leverage this Bitcoin-dollar dynamic for diversified portfolios. For instance, pairing BTC longs with dollar shorts via forex-crypto hybrids could amplify returns, especially with the dollar's worst start since 1973 fueling safe-haven demand. Key metrics to track include Bitcoin's market dominance, which has risen to over 50% during this rally, signaling reduced altcoin competition. Institutional inflows, evidenced by rising ETF volumes, add another layer of support, potentially driving BTC towards $130,000 if adoption accelerates. However, external factors like regulatory news or macroeconomic data releases could introduce volatility—traders should set alerts for US economic indicators to time entries. In summary, this +55% Bitcoin surge since April 2025, juxtaposed with the dollar's -11% fall, offers actionable insights for both short-term scalpers and long-term investors, emphasizing the cryptocurrency's role in modern trading strategies.

The Kobeissi Letter

@KobeissiLetter

An industry leading commentary on the global capital markets.

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