List of Flash News about dollar downtrend
Time | Details |
---|---|
2025-05-20 17:10 |
US Dollar Index Rejection Signals Prolonged Downtrend: Impact on Altcoin Trading Momentum
According to Michaël van de Poppe (@CryptoMichNL), the US Dollar Index has experienced a clear technical rejection, indicating a likely continuation of its downward trend. Historically, similar declines in the dollar have correlated with increased momentum and bullish price action in altcoin markets (source: Twitter/@CryptoMichNL, May 20, 2025). Traders should monitor the dollar's movement as sustained weakness could drive capital flows into altcoins, potentially triggering significant rallies across major crypto assets. |