Bitcoin price drops 2.2% in 24 hours. Explore the potential future market trends and the impact of USD index decline on Bitcoin.
Over the past 24 hours, the price of Bitcoin (BTC) dropped over 2.2% after hitting $92,800 and reaching $88,600. This decrease coincided with a decline in the US Dollar Index (DXY), historically known to boost the performance of Bitcoin and other digital currencies. If the downward trend of DXY continues, Bitcoin may surge towards the $100,000 range.
